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ETH Still BEARISH, $2,600 Next
Ethereum
Short
ETH Still BEARISH, $2,600 Next
By EconRuminations
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Updated
May 19, 2021
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May 17, 2021
This is just a pullback in the short term. Longer term head and shoulders broke down and this is just a retest and retrace.
Great entry for short. Great time to sell if you got caught in the previous break.
IMO Next time to be interested in long starts around $2,600.
May 19, 2021
Trade closed: target reached
Target has been reached but new support level appears to be 2,200 after a violation. Riding this short out.
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crypto
ETH
Ethereum (Cryptocurrency)
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EconRuminations
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