Ethereum / TetherUSShort
ETH/USDT Bearish signs!!!
Hello Traders
ETH is looking very interesting as we had double breakdowns in a week! First breakdown happened on 19th of August where the price reached the local support level of $1500 from where we had a nice "Double Bottom" pattern with neckline which we secured. From that moment the price went to $1700 where sellers showed again the dominance and on 26th of August we had another breakdown!!!
For now what we are doing is that we are waiting for a small pullback before we should go for another bearish run towards $1250 zone.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ETH is looking very interesting as we had double breakdowns in a week! First breakdown happened on 19th of August where the price reached the local support level of $1500 from where we had a nice "Double Bottom" pattern with neckline which we secured. From that moment the price went to $1700 where sellers showed again the dominance and on 26th of August we had another breakdown!!!
For now what we are doing is that we are waiting for a small pullback before we should go for another bearish run towards $1250 zone.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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