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dcryptok
May 5, 2021 7:29 AM

Deeper correction incoming on ETHBTC pair? Short

Ethereum / TetherUSBinance

Description

We've had the horizonal support flipped with a failed retest, falling volume at the 3200 support level and a bearish right-angled triangle. All signs pointing at a deeper correction.

Being cautious on this and looking for a short position if the support breaks.
Comments
dcryptok
The market's not ready for another drop just yet. A nice volume increase broke us up out of the triangle.

Now looking to retest the triangle for a potential long position
dcryptok
Whoops.. mislabelled the title. It should of course say ETHUSDT!
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