ETHUSDT
Updated
After 5 waves completed from the ATH Second crypto currency by capitalization had performed a ABC corrective
Situated at the time of posting at 3000 To break the Downtrend channel ETH must regain 3200+ lvl and close above it,anyhow before doing that it may be possible to see a retest of the demand zone situated at 2830-2850
Also a eye open should be kept on ETHBTC wich is now gettin weaker and weaker and it may bounce from this lvl
Beeing into a trade at this point is not the best idea,i will repost an update once more settelment is done!
Enjoy!
Situated at the time of posting at 3000 To break the Downtrend channel ETH must regain 3200+ lvl and close above it,anyhow before doing that it may be possible to see a retest of the demand zone situated at 2830-2850
Also a eye open should be kept on ETHBTC wich is now gettin weaker and weaker and it may bounce from this lvl
Beeing into a trade at this point is not the best idea,i will repost an update once more settelment is done!
Enjoy!
Trade active
As i said ETHBTC found a bottom of this fall and bounced a bit still belive that for opening a trade price need to reach one of the pricecs mentioned above
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.