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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