ETHUSD gave a bearish signal by breaking its DLY KS. Yet the asset is still Neutral in the Kumo.
Breaking the 3900-3850 price range will be a serious signal for the continuation of the downtrend the next strop support level being at around @ 3280 materialized by the WLY KS.
Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo
** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
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