StravinskyTrades

ETH 4h, We've Entered The Red Zone

COINBASE:ETHUSD   Ethereum
Now that it's broken into the red zone we could see it continue down further. It may find a place to reverse above the Daily zone 1300-1800, or it could accelerate lower faster.

The market will likely remain slow and possibly come down a bit while there's no major catalysts. This is typical market behavior, especially after a massive run like we had. Sit back, HODL, or continue accumulating more while price is low. The next massive event for now is EIP-1559. Read up on it.

See my tweets for more charts on this.

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.