We saw Ecomi try and reach 0.0074$ and now we went down along with btc.
The next Ecomi price will depend on what BTC does too. If BTC will go to 40-44k , or lower, this scenario here makes sense. We have a possible formation of a H&S which could bring us down to the 0.0040$ or a bit lower. Let's see how this plays out.
Price is currently playing in between supports and resistance with a down trend. The H&S could bring us down here IF validated..
Happy holidays and happy trading.
Always follow if you like my ideas!
The next Ecomi price will depend on what BTC does too. If BTC will go to 40-44k , or lower, this scenario here makes sense. We have a possible formation of a H&S which could bring us down to the 0.0040$ or a bit lower. Let's see how this plays out.
Price is currently playing in between supports and resistance with a down trend. The H&S could bring us down here IF validated..
Happy holidays and happy trading.
Always follow if you like my ideas!
Note
Right shoulder complete, let's see if we break down from the base as predicted a week agoNote
down we go!
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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.