BINANCE:ETHUSDT Hello everyone. As we can see : - Bearish MACD on 4H timeframe - Reject from ascending channel - Three drives pattern and a fake higher high - Helical indicator is neutral now but it doesnt show any range movement or a zone for it !
We dont have enough information to track ETH movement, But we know that many of short positions liquidated because of fake higher high ! And now more long positions are gone for last dump that ETH had. So it means that coin should being neutral, But we expect a retest on liquidation pool.
Attention : this is not a financial advise we just try to help people on their own vision.