Bearish Divergence on 4 hour
MACD MA Crossover on 3 hour, soon to cross over on 4 hour
We have hit a new ATH -2.98% (not counting the highs made during the first few days ETH was listed). We also had record volume today, and it is unlikely that volume can sustain these levels.
If we can close candles on a long time frame below the upward channel, the sell signal is confirmed.
Supply and demand zones are marked on the chart. I believe that we will retrace off of the 0.5 fib level to hit the 0.236 fib level before the final descent to the demand zone .
Will TP when the 0.5 fib is tested at 0.03063, and reenter another short at 0.03458. Will enter long at the demand zone .
MACD MA Crossover on 3 hour, soon to cross over on 4 hour
We have hit a new ATH -2.98% (not counting the highs made during the first few days ETH was listed). We also had record volume today, and it is unlikely that volume can sustain these levels.
If we can close candles on a long time frame below the upward channel, the sell signal is confirmed.
Supply and demand zones are marked on the chart. I believe that we will retrace off of the 0.5 fib level to hit the 0.236 fib level before the final descent to the demand zone .
Will TP when the 0.5 fib is tested at 0.03063, and reenter another short at 0.03458. Will enter long at the demand zone .
Not
The above LONG scenario is if BTC continues to fall, as it currently is.Not
We are still short - BTC back on the rise.. Let er rip :DNot
Back to long, will post a new long chart when we hit the top.Not
a new short** chartFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.