ETH heading for retracement?
Ethereum has an extended run up with no corrective wave.
Ascending wedge forming with price contracting, logically there should be a break to the downside from here - I have marked the highest level of resistance.
I will set a pending order here (risking 1-3%) and I will just hold this position for years. I think Crypto assets, like the S&P500, will just continue to increase in value over a 10 year period. We're only at the start of their growth.
Ascending wedge forming with price contracting, logically there should be a break to the downside from here - I have marked the highest level of resistance.
I will set a pending order here (risking 1-3%) and I will just hold this position for years. I think Crypto assets, like the S&P500, will just continue to increase in value over a 10 year period. We're only at the start of their growth.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.