Hello traders and Ethereum fan. On this analysis, Ethereum show the same movement on what Bitcoin do.
On H8 timeframe, we could to appreciate it a possible formation of double top so similar on Bitcoin
We have the same situation in H8, and so similar
Now, in H1 timeframe, we see that Ethereum is leading to the $338 USD, that is my exact target to find down. Now, I put a short order limit at $372.73 and the SL at $381.23 USD, that is my exact price to localized my position, SL and take profit.
Well, Ethereum is formed a bearish rising wedge channel in this timeframe, and that mean a possible correction while Bitocin do it. That could be an interesting position starting this week.
Also guys, as in Bitcoin and Ethereum yesterday was formed bullish traingles, so that movement mark in yellow's circle was the movement between the 12 a.m. and 4 a.m. on the New York time, that hour I am to the bed to sleeping
On H8 timeframe, we could to appreciate it a possible formation of double top so similar on Bitcoin
We have the same situation in H8, and so similar
Now, in H1 timeframe, we see that Ethereum is leading to the $338 USD, that is my exact target to find down. Now, I put a short order limit at $372.73 and the SL at $381.23 USD, that is my exact price to localized my position, SL and take profit.
Well, Ethereum is formed a bearish rising wedge channel in this timeframe, and that mean a possible correction while Bitocin do it. That could be an interesting position starting this week.
Also guys, as in Bitcoin and Ethereum yesterday was formed bullish traingles, so that movement mark in yellow's circle was the movement between the 12 a.m. and 4 a.m. on the New York time, that hour I am to the bed to sleeping
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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.
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.