Breakdown from a multi-month rising wedge, weekly candle about to close in 6 hours. I suspect that it might retest the rising wedge or just keep going down to the two targets below.
This analysis is just based on the pattern. Since the wedge is on the weekly, it holds weight. There are contraindicating signals in the market. Luna absorbed this week's drop and made ATH. ETH absorbed the dump as well. ETHBTC and ETH.d broke up from a long term range and might go up further. Maybe we will see a mini alts season as BTC works it way up as BTC.d is dropping. But the market is still in danger.
This analysis is just based on the pattern. Since the wedge is on the weekly, it holds weight. There are contraindicating signals in the market. Luna absorbed this week's drop and made ATH. ETH absorbed the dump as well. ETHBTC and ETH.d broke up from a long term range and might go up further. Maybe we will see a mini alts season as BTC works it way up as BTC.d is dropping. But the market is still in danger.
Not
wicked into target
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.