We have now seen 7 days in a row with lower highs for ETH.
We are heading down to the lowest price on this drop which has already dropped to a lower low on the daily where LTC and BTC have not.
If we break to lower lows there are not many support levels left before the weekly support in the $300s.
Very clear steady trend for the bears that will have to be broken with lots of momentum and volume.
Hard to anticipate any kind of significant move to break this momentum without news.
Looking for clear breaks in the other names that are still in tightening ranges within the next 24 hours.
We are heading down to the lowest price on this drop which has already dropped to a lower low on the daily where LTC and BTC have not.
If we break to lower lows there are not many support levels left before the weekly support in the $300s.
Very clear steady trend for the bears that will have to be broken with lots of momentum and volume.
Hard to anticipate any kind of significant move to break this momentum without news.
Looking for clear breaks in the other names that are still in tightening ranges within the next 24 hours.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.