In this analysis in H1 timeframe, Ethereum was into this descendent triangle . Well, we hope a short entry confirmation in the $377 USD approximately
Now, as Ethereum formed this chartist pattern, we see a bearish movement until the $335 USD.
In the situation of Daily timeframe we see a bearish movement that bears is leading the cryptocurrency to reversal trend.
And the key support line was broke down in the morning, that show that Ethereum is weakness
Also, there are a 2 points to take our profit, and those are $355 USD or $335 USD, that it's could Ethereum reach down.
Now, as Ethereum formed this chartist pattern, we see a bearish movement until the $335 USD.
In the situation of Daily timeframe we see a bearish movement that bears is leading the cryptocurrency to reversal trend.
And the key support line was broke down in the morning, that show that Ethereum is weakness
Also, there are a 2 points to take our profit, and those are $355 USD or $335 USD, that it's could Ethereum reach down.
Trade active:
Hello the trade id activated right now and we are goi g down. So the SL is $378 USD and the take profit will being $335 USD