chartpattern
indicator
trendanalysis
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movingaverage
strategy
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I see at least 4 valid reasons to short etherum/USD here. smart money doesn't open longs on price going up. it is definitely retail got "Hopium" and longing. I see ethereum below $80 from here. we first go to lower border of triangle and then as triangle breakdown - go more
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We are in a clear downtrend is for sure but I am thinking before that we need go up a little bit to get "fomo" longs and rekt them later to fuel up our dump
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We broke down the triangle and now going down to test the next support which is almost touches lower wall of parallel channel
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