Ethereum / TetherUSShort
The volume increases. Expect impulse breakdown
According to ETH, a descending triangle was formed, trading volumes increase when approaching the level. A cascade of local lows has formed, behind each of which there is an accumulation of liquidity, so I expect an impulse breakdown.
I am waiting for a smooth approach to 1205.25, the formation of a trade and an impulse exit to the short with the aim of subsequent withdrawal of liquidity behind the level.
I am waiting for a smooth approach to 1205.25, the formation of a trade and an impulse exit to the short with the aim of subsequent withdrawal of liquidity behind the level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.