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Mihai_Iacob
Jul 7, 2021 3:12 AM

EthUsd can drop to 1800 again Short

Ethereum / U.S. dollarBitstamp

Description

My previous 1800 target was reached and from this support, Ethereun has started to rise again.
This rise is not impulsive though and looks near to an end
A break under trend line support would accelerate losses and 2600 zone should provide strong resistance.
I'm looking to sell rallies
Comments
MMBTtrader
i think it can pump

well done
Mihai_Iacob
@MMBTtrader, thanks for comm
cogent-trader
What exchange do you use to short main cryptos?
holdingss
considering bitcoin dominance and also correlation with eth and altcoins generally any drop in btc price definitely will cause bearish rally on the crypto market in general ,just my thought
Mihai_Iacob
@holdingss, yes. Let s see if it breaks down
kevinbarnes88
good analysis
JorgeTYI
good analysis. Thank you. I wish you good luck in trading
caldooninvestment
Solid work
Babenski
nice idea 💡
YMGroup
good work man
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