EthereumShort
ETHUSD ❕ upper boundary of the downtrend
Ethereum is in a downward channel, in the POC zone, under the liquidity level.
Price is testing 50MA on the 30m Timeframe.
50MA crosses down 100MA on 30m Timeframe.
The fall occurred on the rising volumes and the correction on the falling volumes.
I expect the price will test the upper boundary of the channel, and after fixing under it will continue to fall.
Price is testing 50MA on the 30m Timeframe.
50MA crosses down 100MA on 30m Timeframe.
The fall occurred on the rising volumes and the correction on the falling volumes.
I expect the price will test the upper boundary of the channel, and after fixing under it will continue to fall.
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Related publications
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.