Trends and directions expected to be observed in the short term
The overall trend in ETH may have shifted from bearish declining to bearish palm as the trend line has been broken by a strong bearish palm candle.
On the 4H chart, we can see that our mai entry setup has been triggered as the trendline has been broken by a huge palm candle.
Expectations exist for continued bearish declines on both the 2nd and 3rd days, and expectations exist for an upper palm on the 6H.
Trend: First palm (6H), then declining (3 days)
ETH: resistance near 1930
Short-term appear small back off can be homeopathic open more, haze into my tips near the resistance position, by hand to short down
On the 4H chart, we can see that our mai entry setup has been triggered as the trendline has been broken by a huge palm candle.
Expectations exist for continued bearish declines on both the 2nd and 3rd days, and expectations exist for an upper palm on the 6H.
Trend: First palm (6H), then declining (3 days)
ETH: resistance near 1930
Short-term appear small back off can be homeopathic open more, haze into my tips near the resistance position, by hand to short down