[ETHUSD] FIRST STEP COMPLETED!
Updated
The trend has returned bearish on intraday charts, and the pair has triggered a strong dowtrend, after consolidating within the channel. Our idea about a potential bearish impulsive structure (i-ii-iii-iv-v) seems to be correct, and if the pair has completed a sub-wave (3), some technical rebound in the near term is likely, will probably develop something as a (abc) or (abcde), in the direction of wave (4), let's see!
At the moment, our view is still bearish.
If you think this analysis can be useful, leave a your comment or your AiLike!
Thank you for support and trade with care!
SETUP (short)
![[ETHUSD] BEARISH LEG?](https://s3.tradingview.com/2/2S48MKY0_mid.png)
FIRST STEP
![[ETHUSD] TECHNICAL STRUCTURE](https://s3.tradingview.com/p/P8eKMgPK_mid.png)
At the moment, our view is still bearish.
If you think this analysis can be useful, leave a your comment or your AiLike!
Thank you for support and trade with care!
SETUP (short)
FIRST STEP
Trade closed: target reached
...more fast!Note
Note
Note
What is the best price to buy Ethereum? Maybe later, we will publish an update...Note
Trade closed: target reached
TARGET 3 HIT!Note
![[EW COURSE] IMPULSIVE WAVES SETUP](https://s3.tradingview.com/x/xhmgM5lk_mid.png)
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