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Engindzhan
Jan 23, 2021 11:48 AM

Risky Short Position for ETH/USDT 

Ethereum / TetherUSBinance

Description

1hr graph of ETH/USDT
I am not a trading expert nor a financial advisor. Please treade carefully and do your analysis forr yourself as precaution


The price of 1623 wasn't surpassed by the bulls in todays Asian trading day. Meaning the price will form a double top which is defining trend inversion from which we can see the price going down to 1180 USDT per ETH.
It is still far from the danger zones indicated with yellow meaning if we get there the price enters a down trend surpassing the support at 1065.






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