Further correction underway as
ETH gets rejected at the lower trend average.
My hope is that we can double-bottom off 3900 support but with the recent push it makes me a bit hesitant.
First sell signal would be 3900, followed by 3800 (wedge support) then 3700 (lower trend); if we break wedge trend I'll likely sell some of my portfolio.
The blue line is where I think we'll hit first set of resistance, then likely at LTA.
My hope is that we can double-bottom off 3900 support but with the recent push it makes me a bit hesitant.
First sell signal would be 3900, followed by 3800 (wedge support) then 3700 (lower trend); if we break wedge trend I'll likely sell some of my portfolio.
The blue line is where I think we'll hit first set of resistance, then likely at LTA.
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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.