Ethereum forming a bearish flag descendent triangle!!!
In H1 timeframe, I detect that Ethereum is formed an re-distributtion zone to sell it. Well, as the price is in little range, we hope a drop in the next 4 to 8 hours as the same what Bitcoin do. So, as yesterday at night I entry in short position in this par and BTC/USD, we hope our objective down on these pars.
As yesterday, I mentioned that Ethereum is formed a pull back that was a double top, we hope this bearish descendent triangle flag form to leading a drop!!!
Also, I apply this strategy that called market cycle, in that case we are in micro-cycle and we see a drop on Ethereum for the next hours!!!
As yesterday, I mentioned that Ethereum is formed a pull back that was a double top, we hope this bearish descendent triangle flag form to leading a drop!!!
Also, I apply this strategy that called market cycle, in that case we are in micro-cycle and we see a drop on Ethereum for the next hours!!!
