The whole crypto make has been bearish and Ethereum has been performing so badly without not holding an support zone...
A double Botton has been formed in the previous weeks where by the bulls pushed the price to a higher high of $2499 but
there has been a rejection in the new price discovery due to the bears forming of a bearish flag which has resulted
in a down...Price couldn't hold after the bearish flag because Bitcoin has been bearish as well.....
A major key support zone of 1000 is yet to be broken and considering the order book on finance, the bear are fully in place
2017 is about to repeat itself...
A short entry was made at a price of 1114 and a take profit was set at $980 market.....Trade safe.....
A double Botton has been formed in the previous weeks where by the bulls pushed the price to a higher high of $2499 but
there has been a rejection in the new price discovery due to the bears forming of a bearish flag which has resulted
in a down...Price couldn't hold after the bearish flag because Bitcoin has been bearish as well.....
A major key support zone of 1000 is yet to be broken and considering the order book on finance, the bear are fully in place
2017 is about to repeat itself...
A short entry was made at a price of 1114 and a take profit was set at $980 market.....Trade safe.....
Trade active
hit take profit 1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.