Ethereum / Bitcoin
Short

ETHBTC SHORT 📉

862
Hello friends!
Hopefully your weekend went well and profitable! Have a nice trade!

As we can see, my previous idea went in my direction. The resistance level was able to push the price away and the price reached the support zone.
ETHBTC SHORT 📉


As we can see, after the price reached the support zone, the price stayed in the zone for some time and began to move upward. Now the price is again near the resistance level. Note that the last strong breakout of the level line was from August 2 to September 21. After that, the price stuck to the level and did not break through it again.
snapshot

Today I expect the price to start moving down. I think that the resistance level will push the price well and the price will be able to reach the support zone. As for me, this will be a profitable and strong drop in price.📉

Do you agree?)

Your Solldy.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.