Ethereum Smashes Support Levels!! 📉📉
Ethereum has smashed our profit target from the inverse head and shoulders breakdown last week. We anticipated support at $1795, but once $1800's broke, it was smooth sailing down to $1750. Right now, we have broken even below that, and but have support from three levels at $1717, $1694, and $1653. Inverse Fibonacci levels anchored at the range ETH was holding over the weekend project a new low of $1591, should FUD continue. After the three support levels mentioned, we have simply run out of support levels to which to turn. The Kovach OBV is still quite bearish.
Note
Ethereum testing our level at $1795. What was once support is now resistance...
Join my discord at discord.io/quantguy
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join my discord at discord.io/quantguy
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.