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There's no bearish confirmation at the moment as we have not seen any change of character (CHoCH) looking at ETH's chart from daily time frame tho, we experienced a flash that pushed it down to 1471.30 but failed to close below the Order Block at 1632.11 therefore, the push was just a liquidity grab, we are still in a bullish trend until a candle will close below the Order Block to confirm a change of trend. NFA. 

ETHUSDT.P_2023-08-18_08-00-54.png

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2 minutes ago, Sureforex said:

There's no bearish confirmation at the moment as we have not seen any change of character (CHoCH) looking at ETH's chart from daily time frame tho, we experienced a flash that pushed it down to 1471.30 but failed to close below the Order Block at 1632.11 therefore, the push was just a liquidity grab, we are still in a bullish trend until a candle will close below the Order Block to confirm a change of trend. NFA. 

ETHUSDT.P_2023-08-18_08-00-54.png

We certainly need more of this analysis here. It might help influence some trading decisions and better improve this forum. Thanks for the insight anyways

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