Watch for EMA50 rejection on the daily timeframe . Above $120 price action will be considered bullish / consolidatory.
Previously we explored an idea for a breakdown pattern. This invalidated idea can be found here:
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Emir iptal
ETH's Santa rally contiunes!
Not
Ok. Had a chance to revisit this and here's a new entry level. Targets are the same so I will keep this thread going. If we manage to stay in the "no trade zone" we can look to short ETH at $169 (which is the .618 on the daily). If we close the daily candle below the "no trade zone" then the confirmation level gives us a nice confirmation of trend continuation.
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.