Yesterday I made a short-term analysis on ETH and the fact it was trading in a bearish triangle pattern. Both targets have been hit, congratulations if you took the trade.
In this analysis, I want to zoom out a bit. Now that we're trading below the September lows, supported by terrible macro news, I think the bearish trend will continue for a while. I think that we're going to revisit the capitulation lows of last summer at the very least. Potentially even lower, but we'll see by then.
In this analysis, I want to zoom out a bit. Now that we're trading below the September lows, supported by terrible macro news, I think the bearish trend will continue for a while. I think that we're going to revisit the capitulation lows of last summer at the very least. Potentially even lower, but we'll see by then.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.