Ethereum (ETH): Reached Major Resistance (possible rejection)

Ethereum has reached our zone of resistance after breaking out from tringle formation. As price has expanded here, we are seeing some signs of weakness, which could give us a possible signal for downward movement that will come from here.

We are going to look at a smaller timeframe for any MSB to form, and once we see confirmation, we would enter with a short position here!

Swallow Team