ETH🎯Wave 1 appears to have completed a leading diagonal. Wave 2 appears complete with the recent higher low, but we need to break above wave 1 for confirmation. Price was rejected at the daily 200EMA and R! pivot, but is attempting to break through again. Overcoming this will be very bullish, especially as we are above the daily pivot.
📈 Daily RSI is printed hidden bearish divergence, followed by another bearish divergence. A move above wave (1) is essential to negate this, or prices could head to new local lows.
👉 Analysis is invalidated below wave (2)
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🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
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🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.