Around a week ago, I made an analysis on ETH. In this analysis I argued that the Head & Shoulders pattern was very bullish and making its way to $4k.
In the end, ETH managed to push further towards the ATH around $4375. I was waiting with an analysis to see what the price did in case we faced some resistance.
The ATH is a very strong resistance. Bitcoin made a new ATH yesterday, but ETH failed to do so today, launching the price downward.
In the worst case scenario we're going to re-test $4k in the coming few hours. Not expecting a stronger bearish move anytime soon.
In case you're looking for a nice shorter term entry, keep an eye on the $4k level.
Happy trading!
In the end, ETH managed to push further towards the ATH around $4375. I was waiting with an analysis to see what the price did in case we faced some resistance.
The ATH is a very strong resistance. Bitcoin made a new ATH yesterday, but ETH failed to do so today, launching the price downward.
In the worst case scenario we're going to re-test $4k in the coming few hours. Not expecting a stronger bearish move anytime soon.
In case you're looking for a nice shorter term entry, keep an eye on the $4k level.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.