mjwmedia

ETH short term bear long term bull

BYBIT:ETHUSDT   ETHUSDT SPOT
ETH just pivoted into a new micro channel in the red. It’s still within the larger red channel - which is temporarily bearish… this is all within a larger green channel which is long term bullish, please keep this in mind when trading, holders vs day traders. We closed under the 1 day head and shoulder line. I’m expecting some targets for it to drop around the bottom of each channel and trend line area which is around the yday lo and bottom of the larger red channel the H&s formed in. None of this is financial advice please do your own research and keep your eyes open for changes at anytime

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