Hey , Sup Guys and Girls?!
It seems that Ethereuem has been following the bars pattern that are given from previous movement of ETHUSD (2018-19) ,in the past analysis so far!
so now , as you can see its already fell on the bottom of its mega channel which it doesn't mean it cannot decline more , because the overall trend is still bearish and can even see lower prices once again but I expect after a little consolidation phase about lower green band it can attack to higher descending trendline and follow rest of bars pattern and so on!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
It seems that Ethereuem has been following the bars pattern that are given from previous movement of ETHUSD (2018-19) ,in the past analysis so far!
so now , as you can see its already fell on the bottom of its mega channel which it doesn't mean it cannot decline more , because the overall trend is still bearish and can even see lower prices once again but I expect after a little consolidation phase about lower green band it can attack to higher descending trendline and follow rest of bars pattern and so on!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
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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.