ThinkingAnts

"Top and Bottom Analysis" ETH/USD by ThinkingAnts

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BITFINEX:ETHUSD   以太坊
4H CHART EXPLANATION:

On 4H chart, we have a Bearish vision due to:

- Revertion from a Major Resistance Level (Confluence Zone)
- Broken Ascending Trendline
- MACD Bearish Divergence

We consider this as a failure of the Bullish Movement so will be looking for short setups towards 143 being careful to the middle support zone at 156.

Updates coming soon!


MULTI TIMEFRAME VISION

-Weekly

-Daily:
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