willdathrill

Decision time for Etherium

Looking at the inverse chart it looks clear that it is time for a pullback on this bear market. If ETH wants to keep its elliot wave bear pattern it mustn't go above $354 USD. If we break $354 we will look to the Fibonacci tool and aim for $500 and $582, if we break $582 we will look to start a bull market. The question is will ETH retest the previous lows or set new lows before we see a larger retrace. I believe not due to the the double top on the RSI as well as the bullish momentum on the 1 day MACD. Please share any comments.

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.