$ETH diverted in DownTrend after achieving physiological resistance level of $4000/- In order to identify next level of $ETH we rely on chart analysis which clearly indicate that ETH making descending triangle pattern on 1hr timeframe and we can expect drop till $3700 it’s also making head and shoulder pattern which will validate after price break $3500 level so reversal chances decreases due to USDT DOM breakout its trendline and BTC DOM also, Decreasing price indicates that ETH will drop till $3000.

Please don’t fomo and build short positions accordingly market scenario.

Breakout above $4000 will lead price shift to uptrend but currently price shifted in DownTrend. Use SL $4000 and build your positions Short Sell in $ETH

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