Hi,
Let's have a look at ETHUSD with a 4 hours TF.
We can clearly see an ascending triangle with the Kijun acting as support. As long as we remain above the Kijun (= above the support line), a breakout to the 550's area is expected.
Is the support doesn't hold, the next supports are at 420 and 398$
!! BTC is facing a strong resistance at 16 000$ and a move to the downside is possible. If so, it's possible to see ETH following the downtrend by breaking the support of this triangle.
please like if you agree
DYOR !
Let's have a look at ETHUSD with a 4 hours TF.
We can clearly see an ascending triangle with the Kijun acting as support. As long as we remain above the Kijun (= above the support line), a breakout to the 550's area is expected.
Is the support doesn't hold, the next supports are at 420 and 398$
!! BTC is facing a strong resistance at 16 000$ and a move to the downside is possible. If so, it's possible to see ETH following the downtrend by breaking the support of this triangle.
please like if you agree
DYOR !
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.