Potential scenarios for Ethereum, Which one!?
HEY, what's going on traders?!
So today as always I'm gonna have another forecast for Ethusdt on the daily timeframe , I can imagine descending channel , that since Oct-Nov 2021, Ethusdt has been trading in this channel and can continue its downtrend , meanwhile we can see the VWAP lines that are expanding in downward slope which shows weakness of downtrend , so as you can see now its struggling with mid-line of downward channel and according to bars pattern given from previous bars can Potentially have both different scenarios !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
So today as always I'm gonna have another forecast for Ethusdt on the daily timeframe , I can imagine descending channel , that since Oct-Nov 2021, Ethusdt has been trading in this channel and can continue its downtrend , meanwhile we can see the VWAP lines that are expanding in downward slope which shows weakness of downtrend , so as you can see now its struggling with mid-line of downward channel and according to bars pattern given from previous bars can Potentially have both different scenarios !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Related publications
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.