EthereumSatış
ETHUSD - Market overview...
ETHUSD is still developing corrective 2nd wave structure...We have 2 potential H&S and iH&S pattern formations.
Bullish iH&S (red) with right shoulder around 750-700$ and bearish one (blue) with potential right shoulder ~880$.
Maximum target profit for bearish H&S goes exactly to the recent low around 570$. In my opinion technically we should see at least retest of recent lows in coming days/weeks. I see potential extension of this corrective structure toward 420-440$ where goes the alltime trendline and 0.706retr of whole upward swing.
Recent upward movement was clear 3-3-5 (ABC) correction marked as X wave. With that in mind we should develop Y wave of WXY correction, and that would end 2nd wave corrective structure.
Trade responsibly.
Bullish iH&S (red) with right shoulder around 750-700$ and bearish one (blue) with potential right shoulder ~880$.
Maximum target profit for bearish H&S goes exactly to the recent low around 570$. In my opinion technically we should see at least retest of recent lows in coming days/weeks. I see potential extension of this corrective structure toward 420-440$ where goes the alltime trendline and 0.706retr of whole upward swing.
Recent upward movement was clear 3-3-5 (ABC) correction marked as X wave. With that in mind we should develop Y wave of WXY correction, and that would end 2nd wave corrective structure.
Trade responsibly.
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.