Ethusdsell
ETH may continue SOUTH as BTC's ETF is refusedETH is about to touch the upper line of the downwards trend line and most likely to continue lower. Interesting enough is that the trend has 2 upper lines and only one lower. This gives it more resistance when ETH may try to break up. Given the moment and based on analysis ETH should go down, however cryptos are very unpredictable when it comes to news, therefore something new about it can change its course.
Do you think ETH has a tight link to BTC or is more of a self standing coin?
ETHUSD - SETUP - WEEKLY CONTINUATION - 28 MAYWELCOME TO DACAPITAL TRADING!!
ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Strong H4 Breakdown below previous week price action low
DAILY
Very bearish price movement last couple of days forming several lows
WEEKLY
We now have 4 highly bearish candles in a row following this movement..
LEVELS
SHORT @ 532.23
SL @ 577.88
TP1 @ 487.30
TP2 @ 463.39
TP3 @ 441.80
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
ETHUSD - SETUP - WEEKLY CONTINUATION - 23 MAYWELCOME TO DACAPITAL TRADING!!
ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Broke below previous week lows with a strong H4 Price action.
DAILY
Last 3 days very bearish explosion after pullback over 60% of previous X-A Wave movement.
WEEKLY
3rd Bearish week aswell heading heading towards 570$
LEVELS
SHORT @ 640.19
SL @ 670.73
TP1 @ 609.65
TP2 @ 594.59
TP3 @ 579.52
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
CRYPTO : ETHUSD SHORT SETUP RISING WEDGE + ABC CORRECTION This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.