#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 
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💎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👇
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.