The bearish divergence on the ETHUSD (Ethereum) chart has been present since August.
The 21 and 27 October candles both closed bearish with long upper wicks.
We have a rising wedge that is also breaking bearish and prices moving below EMA10.
Ethereum will follow Bitcoin on the way down.
This chart is telling us that prices can easily continue lower.
Looking at the recent action, this can be a considerable drop.
I believe this will go fast and strong.
Something like 7-Sept.
You can visit my Bitcoin analysis on the "related ideas" below for additional information.
Thank you for reading.
Namaste.
The 21 and 27 October candles both closed bearish with long upper wicks.
We have a rising wedge that is also breaking bearish and prices moving below EMA10.
Ethereum will follow Bitcoin on the way down.
This chart is telling us that prices can easily continue lower.
Looking at the recent action, this can be a considerable drop.
I believe this will go fast and strong.
Something like 7-Sept.
You can visit my Bitcoin analysis on the "related ideas" below for additional information.
Thank you for reading.
Namaste.
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İlgili yayınlar
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.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
İlgili yayınlar
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.