ETH/USD - False breakdown of level 253$

3 thg 6, 2020

False breakdown of level 253$ (on 1d showed)
New open longs.
And they were immediately eliminated. By abrupt dropping.
Maybe it's because of the situation in the United States.
In dangerous moments, risk assets are mostly discarded first.
That's if you use fundamental analysis.
tradingview.com/x/3D9aZtno/.


Yesterday, I wrote that the purchase is better down.
Only a newcomer to the market can buy under this devergence.

I can see a downward channel now.
Coming out of it could mean buying.
And now it's better to stay away until you get a clearer picture.
Because dreams don't understand how to act locally.
Globally, we are still in an upward trend.
tradingview.com/x/7gQIbh0j/.

Maybe we can draw a script like I did.
A break-up of an uptrend will only change the trend to a downtrend.
The key level is 225$, this is local support.


I will be glad to see your forecasts and thoughts).


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Before to trade my ideas make your own analysis.
Thanks for your support!