$ETH $ETHUSD Snap above $300+
Weekly "Trend": Major downtrend shown, price formed a higher high at $300 from our previous lower high @ $240.
ETH now looking support to from a possible higher low. Fibonacci 87% retracement looking to be tested, a reversal here could snap ether like a rubber band to $500. Price currently testing our trendline & consolidation zone that was broken back in May. Momentum looking to slow down, looking at the smaller timeframes for potential reversals. Daily "Pattern": Descending wedge looks to have found support @ $175, momentum building up, expecting a breakout with a daily close above $200. Trend being respected
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.