In what looks like a possible wave 4, descending triangle correction, it appears as though Ethereum is projecting a lower-low is in the future before the end of this bear market correction.
With volume declining, the MACD looking very week and the short-term MAs still falling below the longer-term MAs, the trend is still quite possibly lower. If price breaks down below the prior low of $1701, then there are a few natural targets for the low point: $1,455, $1,136 and $875.
What do you think? Does the Bear Market still have some potency and is Ethereum projecting a new low is coming soon?
With volume declining, the MACD looking very week and the short-term MAs still falling below the longer-term MAs, the trend is still quite possibly lower. If price breaks down below the prior low of $1701, then there are a few natural targets for the low point: $1,455, $1,136 and $875.
What do you think? Does the Bear Market still have some potency and is Ethereum projecting a new low is coming soon?
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.
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.