Ethereum / TetherUSShort
Let's see if liquidity holds
Updated
Every sign point to a bearish set-up :
- Bearish MS (lower high followed by Lower low)
- Below EMA 50
- Bearish trendline
- MACD in bearish teritory .
I owe some ETH long term and wouldn't buy there. There is a big liquidity zone (can be seen in the weekly Time frame) around 1790-1715. Let's see how it goes from there.
- Bearish MS (lower high followed by Lower low)
- Below EMA 50
- Bearish trendline
- MACD in bearish teritory .
I owe some ETH long term and wouldn't buy there. There is a big liquidity zone (can be seen in the weekly Time frame) around 1790-1715. Let's see how it goes from there.
Note
Testing the zone right now 😕Note
Funny how it had tested the zone and skyrocket just after.Looks a bit overextended at the moment.
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