1- According to 3D timeframe chart, it shows sellers are strong and price could go down even more to first support which is $3800. If price can hold this strong support we can hope the uptrend is still powerful.
2- In addition to Fibonacci support and resistance another proof for this idea would be MA20. As you see price can hit the MA20 on the $3800 area.
3- There is no hidden divergence to proof this is the end of correction.
4- No big volume shows it's not a liquidation for another uptrend yet.
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P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too.
Always make your analysis before a trade.
2- In addition to Fibonacci support and resistance another proof for this idea would be MA20. As you see price can hit the MA20 on the $3800 area.
3- There is no hidden divergence to proof this is the end of correction.
4- No big volume shows it's not a liquidation for another uptrend yet.
--------------------------------------------------------------------------------------
P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too.
Always make your analysis before a trade.
İşlem kapandı: hedefe ulaştı
Target almost reached.Not
Finally liquidation appeared on BTC and whole market followed so ETH reached $3800. If it holds above this support we can be hopeful it is just a correction otherwise it's a massive dump to $2600 or $1700.İşlem kapandı: hedefe ulaştı
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.