ETH has been in a clear bearish trend, printing strong impulsive moves to the downside.
Currently, price is in a correction phase, moving within a rising channel — typical behavior before continuation.
Now ETH is approaching the upper bound of this corrective structure.
This is where things get interesting 👇
As long as this channel holds, we will be expecting the bears to step back in and take control, aiming for a continuation to the downside.
Bearish trend + corrective rally = potential short opportunity.
Correction first… then continuation.
Will ETH roll over from here?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Currently, price is in a correction phase, moving within a rising channel — typical behavior before continuation.
Now ETH is approaching the upper bound of this corrective structure.
This is where things get interesting 👇
As long as this channel holds, we will be expecting the bears to step back in and take control, aiming for a continuation to the downside.
Bearish trend + corrective rally = potential short opportunity.
Correction first… then continuation.
Will ETH roll over from here?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.