Short Term Bearish Idea _ ETHERIUM H4 _ 31-05-2022

ansfar Updated   
COINBASE:ETHUSD   Ethereum / U.S. Dollar
1- Price action is moving down and has rebound from a strong support zone .
2- Bullish divergence between the last swing lows BD’.
3- Double bottom coupled with Bullish Divergence .
4- One can also identify Volume Divergence.
5- As long as the Double Bottom holds my view remains Bullish .
Target is 38.2% FR of the last leg.
Stoploss is same safe distance below the double bottom .
Comment: SL Hit

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