Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most close below $1361 to confirm the bearish potential).
After we test EMA21 at $1050, we can see a bounce before lower prices.
The RSI has been trending lower strong and this week we have a full bearish candle.
We also have a volume breakout favoring the bears.
Visit my profile for the Bitcoin (BTCUSD) daily analysis as well.
Thanks a lot for your continued support.
Namaste.
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🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
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🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.