Possible inverted HS forming on the weekly Ethereum / BTC chart. Question is - are we forming the right shoulder now, or will we see a strong dip forming a more symmetrical right shoulder first?
Chart is marked Long, but could be a strong short down towards 0.02 btc prior to turning long. Need to see weekly break and hold above the neckline before actually positioning a long.
Chart is marked Long, but could be a strong short down towards 0.02 btc prior to turning long. Need to see weekly break and hold above the neckline before actually positioning a long.
Nota
Update, there could be a major buying opportunity should Ethereum give us the proposed alternate right shoulder here. Imagine something like this could occur if Bitcoin has a parabolic move up soon:Nota
Update to the above, again should Bitcoin have a very strong move, Ethereum could drop to either of these two levels in the 0.045ish range or even the 0.026ish area:
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.