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Coin name- #etherreum
signal type- SHORT
I have added a screenshot hope you can see ETH created a H&S pattern it's a bearish pattern if eth breaks it's support line it will dump hard. This chart pattern is 12h timeframe. as you can see that in stoch RSI it cross to the downside it's mean eth is bearish for mid term perspective.
I can see that usdt dominance is bullish. as you can see in my added photos that usdt dominance breakout it's falling wadge resistance line and in longer timeframe it's holding a channel it will touch upper resistance again. BTC has nagative correlation with usdt dominance. when usdt.d dominance is bullish btc and others crypto is bearish.
I can see that 2130 level is a good support for eth if eth breaks that support line iw will go more to the downside H&S pattern technical target is 1930$
Current eth price is - 2405
my target 2150
I hvae posted an article why BTC is bearish go and check then you will be more clear why I think ETH will dump more.
