ETH on the multi day time frame appears to have been respecting this ascending series of support / resistances since its inception.
If this resistance holds, this is a major breakdown of ETH’s last support - assuming the chart does work best on these ascending channels (certainly has historically).
Due to this I am shorting ETH at 2550 appx - and my targets are marked on the chart (3 purple levels).
I don’t see why any formation on the chart should be dismissed if it has a strong interaction historically.
Let’s see what happens.
Happy trading
If this resistance holds, this is a major breakdown of ETH’s last support - assuming the chart does work best on these ascending channels (certainly has historically).
Due to this I am shorting ETH at 2550 appx - and my targets are marked on the chart (3 purple levels).
I don’t see why any formation on the chart should be dismissed if it has a strong interaction historically.
Let’s see what happens.
Happy trading
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.