Chart Pattern

30 באפר׳ 2021

Hello Traders, Today double top and double bottom chart pattern formation were seen on the ETH/USD 15 minute timeframe. I think that after this ETH will bounce back to $2785 or $2800 level again and from that level, we can see the strong fall down to $2700 or $2690 level in the near time. So, it will be good short trade when it reaches a level of around $2785 to get into the short sell trade. It might cross the $2672 level which is acting as strong support, and if it happens then we can see the strong fall to $2600 to $2548 level. I hope you understand what I want to explain and take a look at some important price level.