#ETHUSDT #Update Breakout of the local countertrend line. | BYBIT CRYPTO SIGNAL
#ETHUSDT #Update Breakout of the local countertrend line.
In yesterday's ETH analysis, I said that if we break through the local countertrend, I expect to see a hike to $1235 (we went a little higher).
On the technical side, after the breakdown of the trend line, the asset is trying to gain a foothold above the local resistance of $1235-1245 and form support, but the pressure is still present and we are seeing classic takeaways, liquidity withdrawal.
While sticking to the plan in shorts:
Entrance 1254/1265/1273. Stop - $1352. Taiki will be updated. Above from the entry point, I placed limit orders, we may see volatility from the data. The first PMI data came out positive, but the market didn't feel it...
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