Ethereum Analyze (Short term)!!!

I want to share Ethereum Analyze with you (Short term Analyze), I hope that it is an useful Analyze.

I can see Bearish Three drives pattern on ETHUSD chart + Evening star Pattern (Especially on 1H)+ Divergence Between Volume and Price + Heavy cluster (Resistance) near current Price+ ADX=22.72(TF=1H), means up trend's strength is too low.

Also I can see Rising Wedge on Ethereum/Bitcoin (I will publish picture of it on comment).

As result, according to above Reasons, I expect that price will reverse soon.

My Suggestion: you can Find best Triggers for open Short positions.

Take profits for short positions can be Around 2339$ & 2294$

Do not Forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my idea , and I will be glad to see your ideas on this post.

Please do not forget 'like' button :), Thanks and Trade safe.

Good luck

Comment:

Rising Wedge on Ethereum/Bitcoin

Comment:

RR=1.7 & 2.37
Do not Forget to put Stop loss for your position

Trade closed: stop reached:

This happen is Normal :)

Comment:

Ethereum/Bitcoin is on end of way.

Comment:

New update for ETHUSDT

Comment:

New post for ETH.