Short oportunity in Ethereum until the $335 forecast Short

Ether / United States DollarCoinbase

Description

⋅ Sep 20, 2020 2:10 PM

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.

Trade active

⋅ Sep 20, 2020 9:12 PM

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

Comments

franklinlara

⋅ Sep 21, 2020 5:53 PM

Good analysis, I took profit at 338

PCHamamas

⋅ Sep 21, 2020 10:54 AM

Good call

PolarHusk

⋅ Sep 20, 2020 7:53 PM

ThanksForSharing

CryptoCheck-

⋅ Sep 20, 2020 5:08 PM

HAVE LOOK MY IDEA--- ETHRIUM BELOW 100 MA!!

CryptoCheck-

⋅ Sep 20, 2020 5:07 PM

great work

harisonhbn9718

⋅ Sep 20, 2020 2:11 PM

Also, looking in Daily timeframe, we could see a possible formation of double bottom. What do you think about it?