ETH (4H) Similarity Spotted!
Check it out, this looks pretty similar to what happened before. Will ETH continue in a downtrend like before? Who knows, but check out the MACD and the way the moving averages moved in relation to each other. It appears as though ETH may slip and fall to $100. Like I said before, I will not start a legit long position until there is more panic selling and savagery. Be careful, don't get wrecked! Be opportunistic on the next major drop. Good luck traders!
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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.