Trendpattern
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1118.26
TP: 795.46
SL: 1371.43
Bias: Short
Considering the historical analysis of this instrument, we think the bearish trend is already established and the falling of current price level will continue. There may be some strong trend adjustment which must be kept in consideration while trading.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21010.37
TP: 17803.23
SL: 23507.11
Bias: Short
We believe better shorting opportunity await BTCUSDT. To survive in the financial market, BTC must set an equilibrium between its intrinsic value and extrinsic value or the whole system may collapse . Investors are doubtful about the future of BTC which may end the history of BTC but not crypto currency. BTC should move to more reasonable pricing which is nothing but a bigger drop.