In the continuation of the previous ethusdt review, it can be seen that the red trend line in the indicator has been hit and broken several times. Although the red trend line has high validity, it does not appear to be a pullback. Therefore, the orange trend line will be broken due to the breaking of the trend line in the RSI indicator, and the price will continue on the previous path presented in the previous analysis, and the previous analysis in the 8-hour time frame will still be valid. We will wait for the orange trend line to break and reach the reversal zone to look for a suitable selling position in that zone.
This analysis will be updated...
This analysis will be updated...
Related publications
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.
Related publications
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.