EthereumShort
ETH Ethereum Impulse Upward is Running Out of Steam
Looks like this was indeed a short squeeze due to shorts being at an all-time high. All the oscillators are indicating a reversal here. Depending on the Fibonacci retracement depth, we will determine if this is a technical retracement before the continuation of the upward movement ... or will we continue plummeting as we meet the long-term trend line of resistance,
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.