TradingView
Batrachotoxin
30 de Jul. de 2019 16:57

ETH shows bearish this week, its price will soon below $200 Corto

Ethereum / U.S. dollarBitstamp

Descripción

Although having a small jump to $212, ETH still can not break the MA50 resistance on the H4 chart. In a downtrend market, we can't be optimistic with just a few dollars pumping like this.

In a bigger picture, ETH runs to the end of the bearish pennant pattern, it will break down this pattern by ~$60 to $160 area. ETH will follow BTC move in the next days.

A short order for ETH is recommended this time.
Comentarios
VanDeam
aaand it broke up.. what does it mean
Batrachotoxin
@VanDeam, This means this analysis has failed. Sorry.
Más