EthereumShort
ETH Inverted C&H
ETH Bounced down yesterday after 4h RSI turned oversold. RSI also shows a bearish divergence on the 2h chart, compared to its previous high of 225.
I Expect a bounce to where the Gann and fib intersect (221) at 216-213.
Depending on momentum ETH could find it's bottom around 210, but a test of 200 support is more likely.
Short from 228
SL 232
TP 1 216
TP 2 210
TP 3 203
Happy Trading!
I Expect a bounce to where the Gann and fib intersect (221) at 216-213.
Depending on momentum ETH could find it's bottom around 210, but a test of 200 support is more likely.
Short from 228
SL 232
TP 1 216
TP 2 210
TP 3 203
Happy Trading!
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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.