Another massive selloff to break double-bottom trend and send
ETH below 3900. Further correction could push us into the highlighted zone (potential sell trigger).
Current candle holding above wedge support with a low of roughly 3750; a good indicator for reversal if we can close in the green.
IMO the next 4k test (if it occurs) will be the real determining factor on whether we push to 5k or 3k.
Current candle holding above wedge support with a low of roughly 3750; a good indicator for reversal if we can close in the green.
IMO the next 4k test (if it occurs) will be the real determining factor on whether we push to 5k or 3k.
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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.