ETH Analysis ahead of weekly candle close.
Eth has shown a Cup and handle pattern on the weekly chart.
This gives us the opportunity to analyse the same against some fib levels on the weekly as well as daily time frame.
There are a few possibilities that arise from the current levels, and also shows us the potential price movement in the short term.
2 possible scenarios have been analysed and shown as paths. anywhere a deviation from the path will be an invalidation and we will have to revisit the levels.
The current RSI 7 levels of above 70 make the second possibility stronger.
This gives us the opportunity to analyse the same against some fib levels on the weekly as well as daily time frame.
There are a few possibilities that arise from the current levels, and also shows us the potential price movement in the short term.
2 possible scenarios have been analysed and shown as paths. anywhere a deviation from the path will be an invalidation and we will have to revisit the levels.
The current RSI 7 levels of above 70 make the second possibility stronger.
Dagangan aktif
We are on track still!
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.