hello guys.
Trendline Break: Ethereum has broken below a significant ascending trendline, signaling potential bearish momentum.
Engulfing Pattern: The price shows a bearish engulfing pattern after breaking the trendline, indicating further downside could be ahead.
Next Target Zone: Price action suggests that Ethereum could target the next support area around $2,300, which aligns with the 0.66 Fibonacci retracement level, as shown in the purple zone.
RSI Divergence: Previous highs displayed a bearish divergence on the RSI, reinforcing the bearish sentiment after the recent top.
Bearish Continuation: A retest of the broken trendline near $2,410–$2,450 is possible, but a failure to reclaim it could lead to further downside.
Trendline Break: Ethereum has broken below a significant ascending trendline, signaling potential bearish momentum.
Engulfing Pattern: The price shows a bearish engulfing pattern after breaking the trendline, indicating further downside could be ahead.
Next Target Zone: Price action suggests that Ethereum could target the next support area around $2,300, which aligns with the 0.66 Fibonacci retracement level, as shown in the purple zone.
RSI Divergence: Previous highs displayed a bearish divergence on the RSI, reinforcing the bearish sentiment after the recent top.
Bearish Continuation: A retest of the broken trendline near $2,410–$2,450 is possible, but a failure to reclaim it could lead to further downside.
Not
it is toward the nest purple area:
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.