Hello, Eth could potentialy trade in a Adam and Eve reversal pattern and could soon enter a bear market. If you dont know this pattern better look it up as it has alot of similarities until now.
Crypto isnt worth current marketcap´s.
Testing red arc again would be a good short entry theoretically.
Note
Volume looks EXTREME Aweful in recent Weeks.
Note
this should be a good short entry with stop loss.
Trade active
Idea didnt got invalidated yet, putting my sl above white lines.
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.