#ETH is blocked by the downward trend line

٢٤ يوليو

📊#ETH is blocked by the downward trend line📉

🧠 From a structural perspective, the double top short structure is intact and there is still an expectation of a pullback. It is easy to see from the chart that we are currently blocked by the downward trend line and the price is in the resistance zone, so a decline is very likely.

➡️If you want to do long trading, you need to wait for the price to break through this resistance zone before considering it, or wait for the price to reach the buying zone below before considering it.

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