ETH BTC is situated into a falling wedge which mean the price it s going down down and down and after we will be a reversal upward movement
We have a bear cross at 1 weekly stoch
RSI below 30 it s oversold
MACD oversold and we are below neutral zone -0-
Our ideal buy-zone is 0.020-0.026 with 0.029-0.034 and 0.0410 targets. This 0.0410 target we can bring us more then 90% profit
In 16 january aproximative ETH mainnet constantinopole will be launched.I know it s a lot of FUDs in MEDIA but keep your eye in this coin
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1 weekly resistance are: 0.0316 , 0.364 , 0.0402 , 0.0416
Ichimoku cloud resistance 0.0416
Note
ETH SHORTS POSITIONS NOW hitted ALL TIME HIGH with 113% short positions increase in only one week.Do you know what this mean right? SHOOORT SQUEEZEEE SOOOOOOOON
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Touched resistance line of wedge
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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.