ETH continues to trade inside its bearish trend setting lower lows/highs. As ETH prepares to enter the support zone short-term buying potential increases.
Analysis:
Per the conditions of a bear trend, we can fully expect ETH to continue to trade lower and lower. However, utilizing indicators and knowledge of previous support zones we see that ETH is burning a lot of "Strength" as it heads toward the 1500-1700 support zone. This suggests a potential bounce within the trend and potentially beyond.
Strategy:
I will look for buy setups when ETH is in two positions. A. inside the support zone and B. near the bottom end of the trend.
Best of luck, Like/Follow for more.
Analysis:
Per the conditions of a bear trend, we can fully expect ETH to continue to trade lower and lower. However, utilizing indicators and knowledge of previous support zones we see that ETH is burning a lot of "Strength" as it heads toward the 1500-1700 support zone. This suggests a potential bounce within the trend and potentially beyond.
Strategy:
I will look for buy setups when ETH is in two positions. A. inside the support zone and B. near the bottom end of the trend.
Best of luck, Like/Follow for more.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.