EthereumUpdated ETH analysis
Big moves across most coins today
Eth has broken down past most fib support levels which makes an continued uptrend unlikely
Will change the approach soon.
Nearing the longterm daily trend though time will tell if it holds.
If you're not already in a trade, nows probably not the best time to do anything.
Best to wait and watch at this moment.
Eth has broken down past most fib support levels which makes an continued uptrend unlikely
Will change the approach soon.
Nearing the longterm daily trend though time will tell if it holds.
If you're not already in a trade, nows probably not the best time to do anything.
Best to wait and watch at this moment.
Note
Also another note:Dont try to catch a falling knife
Shorting here is risky
Picking the bottom to go long is risky
Having a solid trade plan means to wait for more structure and wait for the best opportunities
Hope everyone stays safe during this time and doesnt overleverage
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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.
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.