Ethereum in the bearish divergences zones!!!At the moment, the price of Ethereum it's go to down and we see that Ethereum it's need to find down the zone of $1,440 USD. that will be a possible conirmation to entry in the bull market in the $1,440 USD, the important and psycological point to bought.
But we see in H1 timeframe that Ethereum it's formed a little bearish risign wedge, but if you see in H1 timeframe, we're go to the bearish trend pressure to sell. For that, I put a short position in Ethereum from $1,720 USD approximately and my SL it's so little in the $1,810 USD, the risk it's so minimu as 5% agains the possible earns of 16% to short Ethereum. i'm sell Ethereum
In H8 chart, we see that Ethereum it's formed a bullish channel, and we see that the price action it's speak us to sell. The same in H4 timeframe that we see a bearsih candlestick group that they speak to sell Ethereum.
And then, we see in Daily that a correction it's so necceary to Ethereum continue up!!! This senario could be possible and we see a 2 doji of indecisio that mark that the trend could to supposed a possible reversal to down becuase there's demand below at least of $1,440 USD.
If you have a short or long trade plan, you can to post here about this idea of Ethereum. Guys, if you like this analysis, I Invite you to support this idea for others traders.
