EthereumUpdated ETHUSD Daily Chart -Some Insights
Note the following :
(1) There is a previously support/resistance that acts as trigger points every time the chart approaches it doesn't bounce back.
(2) The is a system of parallel trendlines for the correction waves which can be used as projection of the date for approach to resistance lines 1093, and 1233
(3) Is this a Double Bottom formation (formed by wicks, measured 2 weeks apart which conincides with BTCUSD 2-weeks significant event period? (on a daily chart BTC, the chart either crosses or touch the 50-day EMA
(1) There is a previously support/resistance that acts as trigger points every time the chart approaches it doesn't bounce back.
(2) The is a system of parallel trendlines for the correction waves which can be used as projection of the date for approach to resistance lines 1093, and 1233
(3) Is this a Double Bottom formation (formed by wicks, measured 2 weeks apart which conincides with BTCUSD 2-weeks significant event period? (on a daily chart BTC, the chart either crosses or touch the 50-day EMA
Note
(1) Remains(2) Revised to further dates 13th - 22nd Feb for the approach to Pink line
(3) Double Bottom - CANCELLED
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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.