dafunkinbest

ETH Looking Bearish

Short
COINBASE:ETHUSD   Ethereum
After reaching 3968 level, ETH is looking bearish. We have a break of structure to the downside on the 1H timeframe. Looking for price to retest the 3865 level and then head back down towards 3600 liquidity levels. Good time to take profits. ETHUSD
Comment:
Price created a lower high and another lower low. My bearish bias continues, looking to reach 3600 area before reassessing price direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.