ETH Hold Onto Your Sell
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Hi everyone:
Similar bearish bias across the market, and here on ETH is also showing good price action for further continuation downside.
From my previous forecast/analysis from late November 2021, we forecast the possibility of the bearish reversal price action.
We then see price indeed impulse out of the higher time frame ascending channel, and sharp move to the downside.
Last week we had a a bit of consolidations, and then another impulse phase down, breaking the previous lows.
Price is now likely to correct, just as what we have seen many time over, so wait for a consolidation to complete, and that can be a confirmation for further downside.
Thank you
Nov 21th 2021 Forecast/analysis:
DISCLAIMER:
-My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information.
-There are many scammers & fakers impersonating me, my channels/platforms to scam people.
Be very careful as I will NEVER private/direct message you first to sell you anything, nor ask you for money.
Be alert of fake and scam channels/groups/platforms using my name and channel/group name to show unrealistic results and profits to sell you scams.
Uwaga
Got in on a short trade, result for small profit. Will see if a bigger consolidation can form and get back into the sell.
Uwaga
Uwaga
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