I am expecting ETH to move to that descending trendline from these lows. to the 50% retracement level at 1536 this week.
May wick above the 50%, but should not close a daily above it, with that blue trendline, forcing price back down.
Good Luck
May wick above the 50%, but should not close a daily above it, with that blue trendline, forcing price back down.
Good Luck
Note
Cup and Handle target = $1475
Note
4H Squeeze may flip bullish on the next candle
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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.