First there was the Double-Top.
Then there was no higher close above the last 2 highs, pressing ETHUSD brutally down to fullfill the Medianlines Rule to reach the Center-Line over 80% of times.
Then price not only reached the Center-Line by breaking through the slanted green support, but also cracked through the weekly horizontal Base (grey) which acted as the last support Bastion.
There are two scenarios possible.
a) a pullback, jump above the CL and we will see a moonshot.
or
b) price is retracing the Center-Line as it does most of the time after it's break, and then continues to the downside. Target would be the Lower-Medianline-Parallel.
Then there was no higher close above the last 2 highs, pressing ETHUSD brutally down to fullfill the Medianlines Rule to reach the Center-Line over 80% of times.
Then price not only reached the Center-Line by breaking through the slanted green support, but also cracked through the weekly horizontal Base (grey) which acted as the last support Bastion.
There are two scenarios possible.
a) a pullback, jump above the CL and we will see a moonshot.
or
b) price is retracing the Center-Line as it does most of the time after it's break, and then continues to the downside. Target would be the Lower-Medianline-Parallel.
Not
Still weak, bounce potential to the Centerline is still intact.
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.