ETH | Bullish or bearish?
ETH still failed to hold Fib 0.236 and the support of the ascending trend line. Dropped to around $1450. This price is somewhat lacking support and will be adjusted soon.
On the upside: the RSI did not react strongly to the price drop, and even formed a bullish divergence.
Bearish view: The price is somewhat unsupported and may continue to fall to the August low ($1422).
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On the upside: the RSI did not react strongly to the price drop, and even formed a bullish divergence.
Bearish view: The price is somewhat unsupported and may continue to fall to the August low ($1422).
If you like and support our analysis, please give us a like and leave your comment. 😘
Good luck~☘
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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.