ETHUSD - The Merge - SOLD THE NEWS

Actualizado
As everyone and their mother expected, ETHUSD dumping after the merge.

Recently ETH outperformed Bitcoin a lot.
We consider the possibility that BTCUSD will hold a double bottom but we also expect the price to go sideways.
Meanwhile ETHUSD (and ETHBTC) will retrace to retest the key level at 1200 - 1300 usd.

If the bottom is in on Bitcoin, 1200 usd ETH support should hold .

In the next days we expect the price to continue dropping but some bounces on lower timeframes can occur.

MACD shows increasing negative momentum which suggests that the short-term downtrend will continue.

ETHUSD Long term Buy at 1200 - 1300 usd.
Operación cerrada: objetivo alcanzado
Targed reached as expected. Congratulations
Chart PatternsETHETHBTCetherEthereum (Cryptocurrency)ETHUSDETHUSDTHarmonic PatternsTrend Analysis

💥 Free signals and ideas ➡ t.me/vfinvestment
También en:

Publicaciones relacionadas

Exención de responsabilidad