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COIN NAME : #ETHUSDT
SIGNAL IS : SHORT
The ETHUSDT chart shows that the EMA RIBBON indicator's support has been broken. For a little while, it is currently bearish. On the downside, it will come down to grab liquidity. WHALES purchasing orders are still on the lower side. Additionally, we can observe that the RSI is forming a bearish divergence by bending downward from the 50% level. Additionally, the MACD is opening shorts, indicating QUICK BEARISH action.
Here, we can observe that USDT.D is recovering from the level of support. Additionally bullish are the RSI and MACD indicators. This implies that the cryptocurrency market will experience a temporary dump. We can now cut back on cryptocurrency. This was a short confirmation.
The liquidity heatmap shows that there is a significant amount of liquidity remaining on the down side. In order to remove liquidity, market makers will cause the market to decline. This is yet another indication that the market is declining.
SIGNAL-
ENTRY- 2546
TP- 2480
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