In this update, we see a new chartist pattern, as Ethereum it´s right now a possible next support of $1,600 USD, this will be a short trade to short position in Ethereum who want to entry in short. At the moment, this it´s a nice entry to sell Ethereum just or limited time until $1,600 USD, that will be my target. Just, my possible short entry price will be the $1,730'$1,750 USD, that I will need to hope for confirmation to entry to sell.
We are into this ascendent triangle to know.
But if you´re looking out, we are so bullish in long term. That it´s a good signal that Ethereum it´s extremely bullish. For that, more later, I will going to share you my long plan, becuase my possible entry will be in the break out of this simetric triangle in formation.
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.