ETHUSDT TO GO UP!! Lots on the menu here, POS, bullish trendI really like risk on for August, ETH looks to continue leading the current trend, POS is real and will happen in September.
Ethusddt
ETH shortBINANCE:ETHUSDT
If he can break the line, we will see a good drop
Which can complete the money
ETH.USDT (Y20.P4.E5).Looking to keep shortingHi All,
*** This is still part of the macro ETH post, but a subset update, explaining how we are still on target. The link for the macro is provided below ***
I'm still bearish in the mid term and I see this next level as support, so a great shorting opportunity if you have not already.
Obviously its not a direct fall as per chart. The chart only shows the end target, not the path.
The path, I will be looking at $311 as the next support, followed by $280-$290.
Note the following:
a) RSI is below 50%
b) Structure is with downward orientation, based on my red line, and how price is now beneath this, how price respects it as resistance, candle sticks and levels breaking down;
c) Daily 20 and 50 EMA cross over; We also have the alligator indicator doing the same;
$260 is the next level, or the band as per the chart. So shorting to this level gives you a nice opportunity.
Please give me a like or tick if you agree or appreciate this post.
Regards,
S.SAri
Overviews:
INVERTED VIEW, does this not make sense:
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