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ETH POSSIBLE SELL MOVE

da-prince

Published: 07 Jul 2023 › Updated: 07 Jul 2023ETH POSSIBLE SELL MOVE

ETH POSSIBLE SELL MOVE

I followed this ETH bear move yesterday and it declined more than %2. So I decided to take a good look at it this morning.

This is the move in 4H, watching the trendline which will complete the "M" move, which indicates a bearish move, then my second confirmation is the convergence and divergence signal using MACD and RSI indicators which are showing a downward trend which is opposite to the market move.

If this actually breaks and sells as I anticipated, note it will only be "A DAY" trade on sell as observe it together.

If you are a trader and you know more about trendlines do well to check on 1D and 1W moves because they are giving a bullish signal, that will help you set your take profit(TP) in case of retracement after the bearish run.

I had a conversation on this with taskmaster4450leHive account@taskmaster4450le yesterday. Well, let me know your say about this chart.

Thanks.

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