ssari

ETH.BTC (Y20.P6.E1).Macro.More bearish still

ssari Güncellendi   
BINANCE:ETHBTC   Ethereum / Bitcoin
Hi All,

As you can see, its broken a key support trend line.
It seems on the weekly we still have more downward pressure and in my opinion, the next level is here with a possible reversal.
As per my chart, I have the ABCDE spanning wedge confirmed and there are 2 levels...I think this is the next target.


Note the bearish signs on the weekly indicators...they all back each other.


On the 2 day, we are looking like having a bounce however short lived.
If you see a bullish candle, flip for the short term but short it at a key level.



Regards,
S.SAri

Yorum:
wasn't far off to the blue resistance line
Yorum:
That bullish div. gave it a bounce more than I expected. currently resistance area and it seems $740 for ethereum.

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.