Over the last week or so, ETH has been trading sideways. During the same period, BTC has been falling. So, comparatively, ETH has strongly outperformed BTC and is arguably a very bullish sign for alt coins.
However, with the FED meeting coming up and BTC falling further and further, we might see ETH fall through the support of the horizontal channel.
Keep an eye on the yellow area. If we fall through the support, expect further selling towards $1400 or potentially even lower. If we reverse, look for the top resistance for a short-term scalp.
However, with the FED meeting coming up and BTC falling further and further, we might see ETH fall through the support of the horizontal channel.
Keep an eye on the yellow area. If we fall through the support, expect further selling towards $1400 or potentially even lower. If we reverse, look for the top resistance for a short-term scalp.
Not
ETH Breaking out bearish. Watch for $1400!Wait for the hourly candle to close.
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✅Monster Signals: t.me/monster_cryptosignals
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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.