ETH / USD enters a new down movement 240
Hello everyone, ETH / USD is in a downward mid-term wedge with little return in buying volume effected.
It broke a bullish trendline again to check the support area, but doesn't seem to want to detach it entirely in buy.
Two solutions are open to us either a rise on resistance followed by the test of the bearish trendline or the preparation of a short sale.
The interesting level to watch is the penultimate resistance to see how the price action reacts there.
Knowing that we are coming from a bearish divergence on the chart which has broken up and bullish on the RSI.
But no validation of a new increase.
This is not an investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment on your ideas in the space dedicated to the description.
Please like and follow, thank you.
It broke a bullish trendline again to check the support area, but doesn't seem to want to detach it entirely in buy.
Two solutions are open to us either a rise on resistance followed by the test of the bearish trendline or the preparation of a short sale.
The interesting level to watch is the penultimate resistance to see how the price action reacts there.
Knowing that we are coming from a bearish divergence on the chart which has broken up and bullish on the RSI.
But no validation of a new increase.
This is not an investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment on your ideas in the space dedicated to the description.
Please like and follow, thank you.
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.