ETH Price Action : Price formed a Bullish Inside Bar Fake out pattern

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ethusdt - Daily Chart

Price Action: Price formed a Bullish Inside Bar Fake out pattern just above the 3678 key support level, overnight.

The prior Bullish Pin Bar signal that had formed just above the 3678 key support area, stays intact.

Potential Trade Idea: Given there are lot of upper head resistance areas, and a short-term downward momentum, we are not considering trading the current signals and would prefer to stay on the side-lines, until further price action develops.

DISCLAIMER: No advice or suggestions to trade are being made, you trade at your own risk

Posted Using LeoFinance Beta