#ETH is currently in a strong downtrend, and many traders are confused about when to buy or sell. Here’s a simple strategy anyone can follow:
Recommended Position (Based on Current Graph)
👉 NO LONG position right now. Only SHORT or STAY OUT.
Here’s why:
✔ Trend is strongly bearish
Lower highs & lower lows
EMA 7 < EMA 25 < EMA 99 (bearish alignment)
Price below all major EMAs
MACD deeply negative
RSI still oversold but NOT reversing yet.
Best Position Right Now:
➡️ SHORT position (for experienced traders)
OR
➡️ Stay out and wait (for beginners)
Because:
Why SHORT makes sense
Trend is down
Bearish momentum is strong
No reversal signals yet
No bullish divergence
No breakout above EMA 7 or EMA 25
$BTC
$ETH
$BNB
Recommended Position (Based on Current Graph)
👉 NO LONG position right now. Only SHORT or STAY OUT.
Here’s why:
✔ Trend is strongly bearish
Lower highs & lower lows
EMA 7 < EMA 25 < EMA 99 (bearish alignment)
Price below all major EMAs
MACD deeply negative
RSI still oversold but NOT reversing yet.
Best Position Right Now:
➡️ SHORT position (for experienced traders)
OR
➡️ Stay out and wait (for beginners)
Because:
Why SHORT makes sense
Trend is down
Bearish momentum is strong
No reversal signals yet
No bullish divergence
No breakout above EMA 7 or EMA 25
$BTC
$ETH
$BNB