ETH fails to hold above 200EMA dropping us back below 3210 with lows at 3125.
Price is now positioned below short-term EMAs signaling another possible convergence scenerio.
Further correction is likely if we can't recover above 3210; look to keep at 3k if this happens.
tradingview.com/chart/gDBkksfy/
Price is now positioned below short-term EMAs signaling another possible convergence scenerio.
Further correction is likely if we can't recover above 3210; look to keep at 3k if this happens.
tradingview.com/chart/gDBkksfy/
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Related publications
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.