Etherium Ta
Hi, welcome to my trading view channel this is an analysis of Ethereum at the moment it stands at around 2393$ .
Based on the data I have I can say that this will be a bearish wave ,with small chances at becoming bullish because of the downfall of Bitcoin. I can say that there's a possibility that it might happen a double bottom although it is unknown. In 17 June 2021 it started a bearish trend that went to 1716 $ from 4300$ recovering in July 7th at 2400$ following that it started to print the double bottom coming back to around 1700$ and breaking the 2400 resistance starting the bullish market in July 30th
In this case I would probably start to short after it breaks the a little bit more down to around 2300$-2350$.
🎯My targets would be 2300$, 2156$, 2078$, 1944$, 1700$
Till we meet again I'm the chicken with a butter knife. 🐤🔪
Based on the data I have I can say that this will be a bearish wave ,with small chances at becoming bullish because of the downfall of Bitcoin. I can say that there's a possibility that it might happen a double bottom although it is unknown. In 17 June 2021 it started a bearish trend that went to 1716 $ from 4300$ recovering in July 7th at 2400$ following that it started to print the double bottom coming back to around 1700$ and breaking the 2400 resistance starting the bullish market in July 30th
In this case I would probably start to short after it breaks the a little bit more down to around 2300$-2350$.
🎯My targets would be 2300$, 2156$, 2078$, 1944$, 1700$
Till we meet again I'm the chicken with a butter knife. 🐤🔪
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