ETHEREUM (ETH/USD) | Bearish Breakout!
Hi,
The mothership Bitcoin got a rejection downwards and some altcoins obviously followed it.
At the moment, the best bearish setup could be ETH sell, quite a solid break below the strong support area, strong candle close (1H and 4H), and almost free road to fall to TP1 which is around $1700.
You can wait for a retest, you can go right away and you can skip it, the choice is yours ;)
Stay healthy,
Vaido
The mothership Bitcoin got a rejection downwards and some altcoins obviously followed it.
At the moment, the best bearish setup could be ETH sell, quite a solid break below the strong support area, strong candle close (1H and 4H), and almost free road to fall to TP1 which is around $1700.
You can wait for a retest, you can go right away and you can skip it, the choice is yours ;)
Stay healthy,
Vaido
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