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CryptoEstratega
Jun 24, 2021 9:27 PM

ETH: At resistance Short

Ethereum / TetherUSBinance

Description

ETHUSDT looks like is at resistance, 2K seems to be the upper part of the new range.

Further reinforcing the bearish bias:
  • Below the 180 EMA
  • Below the Ichimoku cloud
  • A the end of a downtrend


I don't think ETHUSDT has the strength to breakout of the 2K resistance and a fall down to the lower part of the range (1.4K) is most likely.
Comments
Netris101
Fantastic
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