Ethereum it's going or the next inminent movement soon!!!
We have that in Daily chart a bearish rising wedge, but if I going to lookin in H8, I have a good confirmation to entry in sell.
This it's my Daily chart and this it's my plan if I see any bought in these important zones
Now, looking in the H8 chart, we see that Ethereum it's formed a bearish rising wedge and I see a nice short signal from that I leave a message that I entry in this bearish candlestic, that mean the past 16 hours around of $1,346 dollars.
Now, also noticed that we formed a rejection in this big resitance at $1,400 dollars, I see that Ethereum it's in the next corretion to the down movement toward the $1,070 dollars, this it's my target profit, and my SL I put around of $1,500 dollars. Also, I see that Ethereum it's can to formed a possible double top if we break down this line that formed the bearish rising wedge.
I add my currently analysis of Daily timeframe in Ethereum if you're intersting too.
And the MACD it's another extra confirmation that Ethereum it's make higher low in this indicator. That show that bear are make dominant this.
This it's my Daily chart and this it's my plan if I see any bought in these important zones
Now, looking in the H8 chart, we see that Ethereum it's formed a bearish rising wedge and I see a nice short signal from that I leave a message that I entry in this bearish candlestic, that mean the past 16 hours around of $1,346 dollars.
Now, also noticed that we formed a rejection in this big resitance at $1,400 dollars, I see that Ethereum it's in the next corretion to the down movement toward the $1,070 dollars, this it's my target profit, and my SL I put around of $1,500 dollars. Also, I see that Ethereum it's can to formed a possible double top if we break down this line that formed the bearish rising wedge.
I add my currently analysis of Daily timeframe in Ethereum if you're intersting too.
And the MACD it's another extra confirmation that Ethereum it's make higher low in this indicator. That show that bear are make dominant this.
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.