ssari

ETH.BTC (Y20.P6.E1).Macro.More bearish still

ssari מעודכן   
BINANCE:ETHBTC   אתריום / ביטקוין
Hi All,

As you can see, its broken a key support trend line.
It seems on the weekly we still have more downward pressure and in my opinion, the next level is here with a possible reversal.
As per my chart, I have the ABCDE spanning wedge confirmed and there are 2 levels...I think this is the next target.


Note the bearish signs on the weekly indicators...they all back each other.


On the 2 day, we are looking like having a bounce however short lived.
If you see a bullish candle, flip for the short term but short it at a key level.



Regards,
S.SAri

הערה:
wasn't far off to the blue resistance line
הערה:
That bullish div. gave it a bounce more than I expected. currently resistance area and it seems $740 for ethereum.

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