Not financial advice, DYOR.
So, ETH has been very bullish lately and that always brings a lot of hype, however, it's right now overextended and forming a peak formation at the top and new ATH.
I believe it's a good oportunity for a short, but as always, we need to wait for a confirmation, if it holds the 50 EMA in the 1hr, then we can expect new highs coming soon.
So, ETH has been very bullish lately and that always brings a lot of hype, however, it's right now overextended and forming a peak formation at the top and new ATH.
I believe it's a good oportunity for a short, but as always, we need to wait for a confirmation, if it holds the 50 EMA in the 1hr, then we can expect new highs coming soon.
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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.
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.