ETHUSDT Analysis May 12, 2022
We are Bearish on Ethereum, 
ETH since early April. Three SELL signals is a huge sign of Bearish price movement and we witnessed that within the following weeks. The Horizontal Support Line at ($1928) was shattered and then reclaimed as Support. The Daily Downtrend Line has also been broken but is now trying to hold. We are down around 60% from the All Time High and can probably expect to see more over the next couple months. Not Financial Advice...Trade with Confidence and Control.
ETH since early April. Three SELL signals is a huge sign of Bearish price movement and we witnessed that within the following weeks. The Horizontal Support Line at ($1928) was shattered and then reclaimed as Support. The Daily Downtrend Line has also been broken but is now trying to hold. We are down around 60% from the All Time High and can probably expect to see more over the next couple months. Not Financial Advice...Trade with Confidence and Control.
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tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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