"ETH-USDT" FUTURES
First of all please draw a horizontal line at the price of 1264.12
According to the analysis done by me ( technical analysis and price action), 15:55 UTC time is very sensitive and important, Because this time zone (15:55) where the lines of several patterns meet each other and also their meeting with the support line (1264.12).
And we must be ready to open a short (sell) position. Because by breaking the support line and seeing the confirmation candle, the possibility of a sharp drop is very high.
Attention plz
GOOD LUCK
First of all please draw a horizontal line at the price of 1264.12
According to the analysis done by me ( technical analysis and price action), 15:55 UTC time is very sensitive and important, Because this time zone (15:55) where the lines of several patterns meet each other and also their meeting with the support line (1264.12).
And we must be ready to open a short (sell) position. Because by breaking the support line and seeing the confirmation candle, the possibility of a sharp drop is very high.
Attention plz
- The main market trend is bearish
- After breaking the support line, first get a confirmation candle and pay attention to the volume , then open your position
- Don't forget capital management and set stop loss
- And finally, this is only an analysis and suggestion, and the main decision-making responsibility is with you.
GOOD LUCK