ETH SHORT ?????
As you can see in the 3H time frame, ethereum is forming a descending wedge.
We have two scenarios for the ethereum.
the first one which is stronger one, ethereum can break the wedge to down, and also we have FED reports about interest rate, if the intrest rate goes up, we definitely going down witch marked it in the chart with the red line.
also we can enter short position after the little white line but it is a riskier position because we are on a daily support.
We have two scenarios for the ethereum.
the first one which is stronger one, ethereum can break the wedge to down, and also we have FED reports about interest rate, if the intrest rate goes up, we definitely going down witch marked it in the chart with the red line.
also we can enter short position after the little white line but it is a riskier position because we are on a daily support.
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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.