ETH/BTC looks bearish near important structure

Тема в разделе "English", создана пользователем Trading Ideas, 23 сен 2020.

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    ETH/BTC looks bearish near important structure
    Ethereum / Bitcoin BINANCE:ETHBTC
    shayanrez
    UX4paOcf_mid.png
    just now
    hello guys hope you doing well
    in my previous ETH analysis I mentioned that price looks bearish
    idea-image-placeholder.svg
    price was rejected by trend line and I mentioned that it is probably going the bearish path
    now near this important support there is now sign of buying pressure and we have bearish consolidation
    if we drop and close below this zone next strong support is purple box

    on the daily we close below 45 days lowest close this is now good sign
    if you look it is similar to a distribution pattern
    idea-image-placeholder.svg

    for ETH/USDT
    it is also consolidating near important support look like a bearish flag
    green dots are important just like red dots that we can't break
    if we break these dots ETH will be in trouble
    idea-image-placeholder.svg
     
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