Ethereum / TetherUSShort
ETH
Macro structure on the Daily flipped bearish in December. Trend tried to re claim the previous lows which was a bullish move though wasn't able to sustain the momentum and failed on retest.
Extremely bearish conditions with imbalances and balance price range acting as resistance.
Best case scenario would be accumulation at the current level and then trend cover resistances with volume in other case we could see deeper correction
Extremely bearish conditions with imbalances and balance price range acting as resistance.
Best case scenario would be accumulation at the current level and then trend cover resistances with volume in other case we could see deeper correction
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.