Kgear117

4HR close below $200

Kgear117 Güncellendi   
BITFINEX:ETHUSD   Ethereum
We will at least be coming down to test the 180 area next after a 4hr close below 200. I will update as time moves forward here.
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Following this currently:
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Weekly: Possible by week end we close with a Red 8, red 9 would suggest downtrend exhaustion.

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Maybe...maybe...

Until we get a clearer direction, I'm still waiting. Careful around these levels. Trade safe, and good luck!
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Some slight divergence starting on the 30m
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As the week continues, I'm hoping for this to remain a 9, as this would suggest upside.
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Potential Bear flag, targeting 180 zone.
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DO NOT trade this, this is ONLY an idea that could possibly play out.
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This would give us a target of 150, IF it happens to play out.
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Not a perfectly drawn setup, but our Supports/Resistance also align with this idea potentially.
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Keep your eye on this bearish volume, it keeps showing back up - and if I had to guess, signifies the bears aren't as exhausted or wiped out as everyone thinks.
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.