Bullish Convergence is forming on ETH on the Daily Time Frame. On top of that you are nearing the apex of the Diamond Shape pattern after a falling wedge breakout. All near areas of presumable value. On top of the bullish signs I have spotted, you are also showing significantly lower amounts of selling volume compared to the last major impulse down. A breakout of this wedge can lead to amazing gains. It seems impossible now, but common retraces from the very swing top are depicted on my chart inside the pink box. Those are presumable areas where price action may reverse if we ever got to those areas ;)
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If you want to be a loving supporter of me and my "ChArtworks"
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Donations are never required but they are greatly appreciated! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
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Pesanan dibatalkan
Not a discernible swing low to determine a plotting point. So invalid pattern for nowNota
Totally fucked this up guys. This was a shitty trade set up. I did this in the log scale, this was meant for the linear. Look at my wedge lmao. I posted this in the wrong scale! SIGHHH.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.