ETHUSD Potential for Bearish Drop| 20th December 2022

2022年12月20日

Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 1213.77, where the 50% Fibonacci line is. Stop loss will be placed at 1351.05, where the recent high is. Take profit will be at 1073.42, where the recent swing low is.

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