Currently bearish on ETH on the 4hr chart. The price has broken through the upper Bollinger band the price will not make it past the strong resistance at 3166. We recommend to take the short position from around this resistance. Tp1 is placed at support level
Trade setup:
entry: 3166
tp1: 2650
target: 2450
Not financial advice
It looks like a flag! I do not know anything and even if aliens come to earth we are aliens too!!! DUH! @Humans If asteroids are flying by earth and happen to have a trillion ounces of gold on it. Then I would be thinking about nah never mind...... it is. Scarcity is real.
This chart screams short. Look for trendlines, bearish rsi divergence, support and resistance, Triangle pattern, seller exhaustion and distribution evidence all within this one multiyear chart.
Hi guys and gals hope you are well, on daily chart the 3X Short Ethereum Token (ETHBEAR) has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected...
