ETH / USD enters a new down movement 240 par stephanelibatd

Hello everyone, ETH / USD is in a downward mid-term wedge with little return in buying volume effected.

It broke a bullish trendline again to check the support area, but doesn’t seem to want to detach it entirely in buy.
Two solutions are open to us either a rise on resistance followed by the test of the bearish trendline or the preparation of a short sale.

The interesting level to watch is the penultimate resistance to see how the price action reacts there.
Knowing that we are coming from a bearish divergence on the chart which has broken up and bullish on the RSI.

But no validation of a new increase.

This is not an investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.

I hope you enjoyed it.

Comment on your ideas in the space dedicated to the description.

Please like and follow, thank you.
Hello everyone, ETH / USD is in a downward mid-term
wedge with little return in buying
volume effected.

It broke a
bullish trendline again to check the
support area , but doesn’t seem to want to detach it entirely in buy.

Two solutions are open to us either a rise on resistance followed by the test of the
bearish trendline or the preparation of a short sale.

The interesting level to watch is the penultimate resistance to see how the price action reacts there.

Knowing that we are coming from a
bearish divergence on the chart which has broken up and
bullish on the
RSI .

But no validation of a new increase.

This is not an investment advice but a recommendation for use.

Thank you for taking the time to read my analysis.

I hope you enjoyed it.

Comment on your ideas in the space dedicated to the description.

Please like and follow, thank you.

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Lexie Ayers
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