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VladimirRibakov

Ethereum Short Term Sell Idea With Two Possible Scenarios

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Ethereum (COINBASE:ETHUSD)  
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COINBASE:ETHUSD   Ethereum
Trend Analysis Wave Analysis Ethereum (Cryptocurrency) ETHUSD bearishtrendpattern Bearish Patterns SELL correction bearishhiddendivergence resistence
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trendanalysis waveanalysis ethereum ethusd bearishtrendpattern bearish sell correction bearishhiddendivergence resistence
H1 - Bearish trend pattern.

Currently it looks like a correction is happening.

Bearish hidden divergence.

There are two possible scenarios here:

Scenario 1 - I expect the price to move lower from the current zone.

Scenario 2 - Alternatively if the price moves higher then the next area to look for sells with bearish evidences would be the strong resistance zone.
Komen:
The price action followed my analysis and moved as per scenario 1. The price moved lower from the current zone and delivered an excellent move to the downside until it was blocked by a bullish divergence.
Penafian

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