ETH shows signs of reversal: the 4h TF shows a divergence and an engulfing pattern formation.
Note also that ETH has hit his one year lowest value on dec.17 and that we have a divergence.
All these indicate that there is a strong probability of price reversing in the ST as well as in the LT.
Entry: at market price
Stop-loss: 3102968
target: 4070583
ST PP: 22%
Note also that ETH has hit his one year lowest value on dec.17 and that we have a divergence.
All these indicate that there is a strong probability of price reversing in the ST as well as in the LT.
Entry: at market price
Stop-loss: 3102968
target: 4070583
ST PP: 22%
Note
the 4h TFNote
W TF
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.