Weekly chart currently resting at the low range, if this area holds, next stop will be mid range, and if that area holds, we will attack higher range, key and main resistance of the entire price structure. If ethereum is capable of closing above this range, then the entire bearish trend since 2018 is concluded for me, and I would consider to be at the start of a new bull cycle that will take the price to new ATH. But for now we need to hold this zone.
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Any lower timeframe bullish PA should be a nice catch for a good swing trade, aiming much bigger prices.
Trade active
longing since 181$, ETHBTC chart looking good too.
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Out at 176$, not convinced with the current price action, and ETHBTC drow a ugly bearish pattern in 4h chart. Better to stay out for now.
Order cancelled
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Range broke below, really bearish signal for me, I will be looking to short at any retest near 160 area
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Retest failed, and price was not able no recover the lost range. Looking really good from a short position,main objetive 100$ area for now.
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