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Technical analysis by soully2u about Symbol ETH on 9/3/2023

https://sahmeto.com/message/3353252
soully2u
soully2u
Rank: 8791

When in doubt, zoom out.

Neutral
Price at Publish Time:
$1,633.91
،Technical،soully2u

Hello, I had to rework my trading system since most of my recent trades turned out to be disasters. It is hard to trade this market on ltf, so I decided to switch onto weekly chart. 1W efferium chart, price is in the middle of channel but it seems to me that some kind of horizontal support is broken here. At this moment I'm shorting, aiming lower channel band as target. It might takes weeks to hit the target but it also might be one bad news. Personally I believe that real fun will start once we leave this channel, one way or another.

Source Message: TradingView
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