"Top and Bottom Analysis" ETH/USD by ThinkingAnts

4H CHART EXPLANATION:

On 4H chart, we have a Bearish vision due to:

- Revertion from a Major Resistance Level (Confluence Zone)
- Broken Ascending Trendline
- MACD Bearish Divergence

We consider this as a failure of the Bullish Movement so will be looking for short setups towards 143 being careful to the middle support zone at 156.

Updates coming soon!


MULTI TIMEFRAME VISION

-Weekly

-Daily: