Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart ETH has been overall bearish trading inside the red falling broadening wedge pattern. However, it is currently approaching the lower bound / red trendline. Moreover, the 1500.0 is a strong support, demand and round number. 🏹 So the highlighted red...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After breaking below 1500 last week, ETH is now trading inside the falling wedge pattern in red. 🏹As mentioned previously, for the bulls to take over long-term , we need a break above 1700 Meanwhile, we will be bearish short-term, and 1500 is our next support. If we break...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting the 1700 resistance, ETH has been bearish from a medium-term perspective. 🏄🏻♂️ ETH is now approaching a strong rejection zone, which I call a " TRIO RETEST " 1- The lower orange trendline of the channel acting as a non-horizontal support (in oarnge) 2- ...
Looking at downside targets of 1875, 1850, 1832 and lower. Refer to the related idea linked.