Referencing my previous charts. I have now put ETH in a larger triangle following its last breakout down.
The reason I believe we can put it within a triangle again is because it has touched the bottom Bollinger Band meaning it will potentially stay within the area for the next following time frame.
There was an indication to buy at 2390.
Looks to me like we will tread sideways for a while before another breakout down.
Good luck.
The reason I believe we can put it within a triangle again is because it has touched the bottom Bollinger Band meaning it will potentially stay within the area for the next following time frame.
There was an indication to buy at 2390.
Looks to me like we will tread sideways for a while before another breakout down.
Good luck.
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.
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.