【$ETH may soon break below previous lows!!! A major washout is imminent!!!】
Over 30k people have watched
The technical analysis currently shows a descending triangle:
This indicates that the divergence between bulls and bears is about to unify, facing a direction choice, the turning point is near!
Signal analysis:
No bullish signals have appeared, and no breakout pattern has emerged!
Therefore, the bearish trend is likely to continue!
The MACD weekly death cross is about to accelerate downwards!
There is still a downward space of 500-800 points at the bottom!
Trend resistance level: 2050
A strong breakout may lead to a reversal.
Current trend: Bearish!
Current strategy: Look for opportunities to short
TP1: 1865
TP2: 1777
The lower demand zone still needs to be verified,
After multiple comparisons, the downward space is greater than the upward space!
Bull-bear profit-loss ratio 1:6
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The first ten comments will receive free entry and take-profit strategies.
As the saying goes, prolonged sideways action will eventually lead to a drop! What do you think, buddy? See you in the comments!
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Shorting ETH, you won't get trapped!
The target levels of this strategy have been achieved,
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