* MA5 and MA10 are in a downtrend towards MA30. In particular, the intersection of MA5 and MA10 (also called a bearish intersection) has given a short-term bearish signal.
* The price is currently just above MA30 (2,667.87). MA30 could act as support at this point. If the price falls below MA30, the downtrend could accelerate.
Volume:
* The volume bars below the chart show that green volume increased as the price rose (around June 10), but red volume also increased as the decline began. The sell volume in the recent downtrend is remarkable. For this situation, a SHORT position can be opened at 2700 - 2750. The target can be closed around 2350.
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Ybaser
· 06-13 05:38
Thanks for the your sharing
Reply0
Discovery
· 06-12 23:25
Watching Closely 🔍
Reply0
Berojbel
· 06-12 23:09
Buy To Earn 💎
Reply0
Strange10
· 06-12 20:53
Follow me to receive the latest news
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ElizabethAldi
· 06-12 20:36
HODL Tight 💪
Reply1
Smirney
· 06-12 20:24
Bull Run 🐂
Reply0
Karacadagli
· 06-12 20:23
Buy To Earn 💎
Reply0
Old_man
· 06-12 20:23
I hope it will be as you say.
Reply0
Miya_xanaka
· 06-12 20:22
Actually, I think we should wait a little longer to buy.
#ETH#
* MA5 and MA10 are in a downtrend towards MA30. In particular, the intersection of MA5 and MA10 (also called a bearish intersection) has given a short-term bearish signal.
* The price is currently just above MA30 (2,667.87). MA30 could act as support at this point. If the price falls below MA30, the downtrend could accelerate.
Volume:
* The volume bars below the chart show that green volume increased as the price rose (around June 10), but red volume also increased as the decline began. The sell volume in the recent downtrend is remarkable. For this situation, a SHORT position can be opened at 2700 - 2750. The target can be closed around 2350.