Ethereum 20% correction ahead
A short term analysis for the days ahead.
After a 40% rise price action on the above 5hr chart breaks price action and RSI support.
A back test of the 2730 to confirm past resistance as support seem highly probable.
Ww
After a 40% rise price action on the above 5hr chart breaks price action and RSI support.
A back test of the 2730 to confirm past resistance as support seem highly probable.
Ww
Transaction en cours
The red circle as a reminder of where the idea was published before a flood of comments and messages..
"This time is different".... no, it isn't. If Bitcoin says it is going down, it will take ETH down with it.
Note
The head and shoulders pattern has now confirmed, 2800 is on the wall.Note
The bear flag has now confirmed.Note
Forgot to add the flag from last update.
For the bulls,
and their cast iron emotional bias:
Can you feel it? Price action slipping away from you? The Thanks Giving sellers are poised with a finger over the sell button, ready to open the flood gates that will print a Black Friday basement bargain.
Note
High negative divergence. Look left.
I know, this time is different.
18hr
Note
Ever since the bearish divergence at 3400, sellers have rushed to the exit only to trip over the seller in front.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.