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TheForecasters

ETH to retest the $1430 support zone again

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Ethereum / TetherUS PERPETUAL CONTRACT (BINANCE:ETHUSDT.P)  
TheForecasters  
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Trend Analysis Harmonic Patterns Chart Patterns ETH Ethereum (Cryptocurrency) ETHUSD ETHUSDT ALTS
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trendanalysis harmonicpatterns chartpattern eth ethereum ethusd ethusdt alts
ETH seems a bit more bearish for us at the moment. It is currently trading within a symmetrical triangle on the 15min TF which can break out either way. The reason we say it is more bearish is because ETH is underneath the green ichimoku cloud on the 4hr TF and it has also turned red.

It is also trading inside the 1hr red ichimoku cloud and this is more bearish than it is neutral. Taking all of this into consideration we will keep an eye on ETH but see no safe trading opportunities at the moment.
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