First, we have a few of our classic signals pointing to the bears taking the lead...
Like the break of EMA50 as support and a drop below zero on the MACD.
Now, let's have a close look at MA200 and why I believe Ethereum (ETHBTC) can go lower.
As ETHBTC prices moved above MA200 back in March, a strong bullish wave followed...
After prices peaked 1st-Sept., ETHBTC started to retrace.
Now that this bullish wave is done, we are likely to see MA200 tested as support.
What's your take?
Will Ethereum drop or bounce and continue to grow?
Namaste.
Like the break of EMA50 as support and a drop below zero on the MACD.
Now, let's have a close look at MA200 and why I believe Ethereum (ETHBTC) can go lower.
As ETHBTC prices moved above MA200 back in March, a strong bullish wave followed...
After prices peaked 1st-Sept., ETHBTC started to retrace.
Now that this bullish wave is done, we are likely to see MA200 tested as support.
What's your take?
Will Ethereum drop or bounce and continue to grow?
Namaste.
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.