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CryptoEstratega

ETH: Shorting resistance

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Ethereum / TetherUS (BINANCE:ETHUSDT)  
CryptoEstratega  
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Chart Patterns Technical Indicators ETH ETHUSD Ethereum (Cryptocurrency) ethereumforecast ethereumdollar ethereumshort ethereumusd
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trendanalysis chartpattern indicator eth ethusd ethereum ethereumforecast ethereumdollar ethereumshort ethereumusd
ETHUSDT is at resistance and the chances of a breakout look slim.

Based on my analysis, that:
  • 2K is now resistance
  • 180 EMA is acting as resistance above 2K
  • We will reenter the Ichimoku cloud and move down

I have looked at ETHUSDT in higher timeframes (Daily and 4HR) it really looks bearish based on what I have seen, (Links below).

I'm opening a short at 2013 with a STOP LOSS at 2070.

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