ETH/USD: PERFECT DESCENDING CHANNEL
Hi Steemians!!!
As you can see in the daily chart the pair is in a downtrend following a perfect channel.
Knowing that the first thing to change is the traders behaviour and the last thing to change is the price, there is plenty of time to decide where to buy for long term. We need a desaceleration, next a change in volume and at last a change in momentum.
Watch past resistance fractals during the uptrend where price is making support while making the channel.
We need to wait for a consolidation before going up.
THIS IS NOT AN INVESTMENT ADVICE.
Good job friend
Thank you very much!!!
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