ETH: Shorting resistance
ETHUSDT is at resistance and the chances of a breakout look slim.
Based on my analysis, that:
I have looked at ETHUSDT in higher timeframes (Daily and 4HR) it really looks bearish based on what I have seen, (Links below).
I'm opening a short at 2013 with a STOP LOSS at 2070.
Based on my analysis, that:
- 2K is now resistance
- 180 EMA is acting as resistance above 2K
- We will reenter the Ichimoku cloud and move down
I have looked at ETHUSDT in higher timeframes (Daily and 4HR) it really looks bearish based on what I have seen, (Links below).
I'm opening a short at 2013 with a STOP LOSS at 2070.
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