ETH short term analysis
Updated
ETH/USDT did exactly how I was expecting in my previous analysis.
It did bounce from its support but as we know ETH is very weak, so it keeps dropping.
I expect it to go sideways a little bit and then retest $3500 zone. We'll see how it holds.
Anyway I expect this week candle to close RED, I'm very bearish on ETH/USDT.
And as usual - please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
It did bounce from its support but as we know ETH is very weak, so it keeps dropping.
I expect it to go sideways a little bit and then retest $3500 zone. We'll see how it holds.
Anyway I expect this week candle to close RED, I'm very bearish on ETH/USDT.
And as usual - please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
Note
The leg up was exactly the way described in the idea. However we'll see how it reacts on $3950 support before going lower.
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