Struggle Is Real!
Target: Expect a heavy drop to the pink line (200 EMA on 4H). From there, we will see what will happen.
Reason: The price will probably stay around this level. MACD shows that bulls cannot beat the bears (Bears incoming). A bearish flag has already formed also. Even if ethereum happens to spike, I suspect it will not go above the black line. Prepare for a fall. Price is staying around 50 EMA at the moment.
Reason: The price will probably stay around this level. MACD shows that bulls cannot beat the bears (Bears incoming). A bearish flag has already formed also. Even if ethereum happens to spike, I suspect it will not go above the black line. Prepare for a fall. Price is staying around 50 EMA at the moment.
Note
Obs, around 200 EMA or near *Note
BTC will probably crash tomorrow, it shows sign of bearish market. On the other hand, a little bit bump upwards in price will happen before that. Keep in mind 11.59 AM to 4 PM GMT!Note
Target: Around this 0.09 BTC area, That's where it will bounce probably!Note
Between 0.084 - 0.09 BTC, Higher up is more likely that the target hits of course. Afterwards, the target would be 0.1 BTC price level again.Trade closed manually
Target for this one was not accurate.
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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.