Looking at the trend since last year NOV., we can see clearly a down trend.
Pay head to the decending triangles.
We have 2 that started and broke down further.
But the 3rd, across Sept. Oct. and Nov. has a break in form and went up.
This is significant to say that the trend broke and the sideways trading like BTC has started.
We can see slight lower highs (as part of the bottom of the 3rd triangle), as per BTC.
I would expect moving forward, each time the market makes a bull trend, we will observe on the pullback, new lower highs.
With the recent announcement from Vitalik for mid Jan16th for the fork of Constantinople, we will see more uptrend tendencies.
Short term, we have new lower highs and more sideways trading (in the range 200 to 218) anything below $200 would be a lucky buy.
Pay head to the decending triangles.
We have 2 that started and broke down further.
But the 3rd, across Sept. Oct. and Nov. has a break in form and went up.
This is significant to say that the trend broke and the sideways trading like BTC has started.
We can see slight lower highs (as part of the bottom of the 3rd triangle), as per BTC.
I would expect moving forward, each time the market makes a bull trend, we will observe on the pullback, new lower highs.
With the recent announcement from Vitalik for mid Jan16th for the fork of Constantinople, we will see more uptrend tendencies.
Short term, we have new lower highs and more sideways trading (in the range 200 to 218) anything below $200 would be a lucky buy.
Trade active
Trade active
Correction: Trade active
More sideways descending patternTrade active
very hard decision... now or wait? I am buying some for going long (for next year HODL)Trade active
More down trend Trade active
Destination $136
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.