Not super sure what's going on with ETH at the moment, but this descending triangle doesn't look very promising. I'm sure we'll see a reversal soon, but I'm still looking for signals. Volume, RSI, and Ichimoku all look negative to me. If we drop down to the bottom of the triangle keep a close eye on ETH. Marked a possible buy zone if the reversal is signalled.
Trade active
ETH has entered the buy zone. But be careful, it could drop further. Watch the Ichimoku, RSI, and Volume.
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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.