ETHBTC - A Quick FakeOut Followed by 5-15% Decline
Hey guys - Just taking a quick look at ETHBTC and it would seem we've experienced a little fakeout above trend levels only to experience quite a sharp decline to the point of breaking below recent support.
There is still strong support located around 5% below current price so this may act as a natural level to reject the downward momentum - or ETH may well break below this level too on it's descent to an overall 15% loss.
Either way we've got a Short signal from Crypto Tipster v2 and if the last 2 years of signals are anything to go by, we trust this to provide some good results!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
There is still strong support located around 5% below current price so this may act as a natural level to reject the downward momentum - or ETH may well break below this level too on it's descent to an overall 15% loss.
Either way we've got a Short signal from Crypto Tipster v2 and if the last 2 years of signals are anything to go by, we trust this to provide some good results!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Comment:
Looks like we're just about ready to get rejected from the descending top edge of this wedge 📉
