Mohsen_Abbassi

ETH more bearish?

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BINANCE:ETHUSDT   Ethereum / TetherUS
Salaam

After breaking the trend line, ETH is in a descending parallel channel.

2950 is a key level that broke and retested.
I expect more bearish action minimum to 2600 area that intersects with 38 FIBO of the last daily upside impulse.
2350 is the next support if 2600 not keep.

I placed another sell order at 2935.

Good luck
交易進行:
Here is 5m chart:
評論:
I close the trade in loss at 2984.
This rise is a result of the falling channel.

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