Good morning Traders,
From a technical point of view, when a financial instrument loses more than 90% of its value, it is defined as bankruptcy, but having said that, the pair has reached our support/target and we do not exclude the reaching of final destination around 165 ( look at our setup below).
OUR LAST ANALYSIS:
(Click and Play on Chart)
![[ETHUSD] TREND IS STILL BEARISH](https://tradingview.sweetlogin.com/proxy-s3/x/XKbuPB4T_mid.png)
OUR LAST SETUP:
(Click and Play on Chart)
![[ETHUSD] POTENTIAL BEARISH TREND](https://tradingview.sweetlogin.com/proxy-s3/6/6MSEWkwf_mid.png)
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
From a technical point of view, when a financial instrument loses more than 90% of its value, it is defined as bankruptcy, but having said that, the pair has reached our support/target and we do not exclude the reaching of final destination around 165 ( look at our setup below).
OUR LAST ANALYSIS:
(Click and Play on Chart)
OUR LAST SETUP:
(Click and Play on Chart)
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
Note
The trend is still slightly bearish ....
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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.
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.