ETH is following the footsteps of BTC in terms of a downward movement.
We have a double confirmation on the BlueWave and The RSI.
BlueWave gave a sell signal + RSI is overbought
We have a rising wedge pattern which is also bearish.
The FIB levels you see are potential supports, but I doubt that they can hold the price for long.
We have a double confirmation on the BlueWave and The RSI.
BlueWave gave a sell signal + RSI is overbought
We have a rising wedge pattern which is also bearish.
The FIB levels you see are potential supports, but I doubt that they can hold the price for long.
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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.