Ethereum confirmed the bearish signal below of the EMA 200
Ethereum confirmed this bearish signal that we look a bearish evolving pattern in weekly timeframe. What the price it's below of the EMA 200 and now it's may to turn to the another crash incoming in Ethereum price. What we could to found out short position in our trades during the next weeks. Also, I'm watching that if $781 USD will be the bottom of this bear market, it's very important to read and take note in Forex market to know what will be happening with the US Dollar influence in our global financial market.
Now, if in case that $781 doesn't make any support in this level, we could to see so nearly toward $485 USD the minimum support to see in this bottom. But very important to recall it's read and read it what happen in Forex market and take perspective if FED will continue hike interest rate in the next month to see.
So guys, I hope that this analysis was very clear to understand and take plan to short Ethereum with solid fundament.
Now, if in case that $781 doesn't make any support in this level, we could to see so nearly toward $485 USD the minimum support to see in this bottom. But very important to recall it's read and read it what happen in Forex market and take perspective if FED will continue hike interest rate in the next month to see.
So guys, I hope that this analysis was very clear to understand and take plan to short Ethereum with solid fundament.
