#ETH Update
The weak support zone has already acted as support.
The price has now broken below this area, turning it into resistance.
We have broken below the lower edge of the bearish flag, increasing the probability of further declines. Since we were involved in a short position on BTC, we have forfeited any shorting opportunities on ETH. Shorting here is not cost-effective at the moment, and the price remains near weak support, making it quite risky. Let's patiently wait for a long entry opportunity at the strong support zone.
ETHUSDT.P
The weak support zone has already acted as support.
The price has now broken below this area, turning it into resistance.
We have broken below the lower edge of the bearish flag, increasing the probability of further declines. Since we were involved in a short position on BTC, we have forfeited any shorting opportunities on ETH. Shorting here is not cost-effective at the moment, and the price remains near weak support, making it quite risky. Let's patiently wait for a long entry opportunity at the strong support zone.
ETHUSDT.P 
💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.