This is a follow-up on my previous ETH analysis.
ETH seems to be finding support around 78.6% of wave B, everywhere I see, people are in distress and panic selling and opening shorts out of FOMO, it looking more and more probable that one last leg up is still due, I will be staying neutral while keeping my short from local top open for time being, will be looking for an opportunity to long it near 78.6% - 90% of wave B.
If we see the upward move like I believe, it will be a swift one. Need some more price action to be more sure.
For mid-term, as long as we are below 2980$, we are bearish overall.
ETH seems to be finding support around 78.6% of wave B, everywhere I see, people are in distress and panic selling and opening shorts out of FOMO, it looking more and more probable that one last leg up is still due, I will be staying neutral while keeping my short from local top open for time being, will be looking for an opportunity to long it near 78.6% - 90% of wave B.
If we see the upward move like I believe, it will be a swift one. Need some more price action to be more sure.
For mid-term, as long as we are below 2980$, we are bearish overall.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.