TOTAL2 & ETH Daily – Testing the Edge of Structure
On the daily chart, TOTAL2 and ETH are showing a slight divergence.
TOTAL2 is battling its all-time high, while ETH is lagging slightly, hovering just above the 50MA.
If ETH manages to hold this level, it could build strength for another attempt at the highs. But if it loses the 50MA, this current high might turn into a lower high, risking a short-term break in bullish structure.
Today’s close will be key, it might offer the first clue about where momentum wants to flow next.
Key Notes:
TOTAL2 retesting all-time high
ETH consolidating over the 50MA
A hold could fuel another push up
A break below risks a lower high formation
Daily close likely to set short-term direction
Bias:
Cautiously bullish, structure holds, but confirmation depends on ETH defending the 50MA.
Always take profits and manage risk.
Interaction is welcome.
On the daily chart, TOTAL2 and ETH are showing a slight divergence.
TOTAL2 is battling its all-time high, while ETH is lagging slightly, hovering just above the 50MA.
If ETH manages to hold this level, it could build strength for another attempt at the highs. But if it loses the 50MA, this current high might turn into a lower high, risking a short-term break in bullish structure.
Today’s close will be key, it might offer the first clue about where momentum wants to flow next.
Key Notes:
TOTAL2 retesting all-time high
ETH consolidating over the 50MA
A hold could fuel another push up
A break below risks a lower high formation
Daily close likely to set short-term direction
Bias:
Cautiously bullish, structure holds, but confirmation depends on ETH defending the 50MA.
Always take profits and manage risk.
Interaction is welcome.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.