BINANCE:ETHUSDT   Ethereum / TetherUS

ETH has fallen after the Merge. We can see that the bearish flag was broken down, in 1D TF.

RSI's trendline was also broken which increases the probability that prices will continue the down direction.

In 1W TF, the previous support (now becoming the new resistance) was lost. Logicaly, ETH would revisit the currect support where I put the final target for this trade.

Here below is the view in 1W TF:




交易進行:
TP1 $1220 was hit.
手動結束交易:
BTC and the whole market is strong. Better close trade here and wait for a reactivation later.
交易進行:
Trade reactivated
手動結束交易:
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)

交易進行:
BTC is weak although stock has risen.
手動結束交易:
Trade closed waiting for better entry and condition.

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