Ethereum / TetherUS
做多

🔥 Ethereum Bearish Break Out: Support Incoming

2 153
A little while ago I made an analysis on ETH and the triangle pattern it was trading in. ETH followed the pattern, appeared to break bullish, but then things quickly went south and a huge sell-off followed.

🔥 Ethereum Short-Term Triangle Consoldiation


For now, I'm not convinced that we're out of the woods. Bearish momentum seems to be strong and a V-shaped recovery is seemingly not happening yet.

I'm still bullish in the longer term. I'm expecting strong support to be found around the $4200 area, which can trigger a bounce. If this is not the case, expect a major bullish impulse from the $4000 area. Be patient and wait for a big bullish candle to signal the reversal.

Happy trading!

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。