We are still Bearish on Ethereum,
ETHUSDT
, since early April with the signals from the Engineer and the Bear Flag formation. Looks as though we may have another Bear Flag forming on the Daily. We are down around 67% since the indicators started at the ($3,500) Resistance Area and down over 75% since the ATH. The Daily Downtrend Lines, unfortunately (or fortunately) have a triangle formation at the ($1,414) Support Area but also forms a triangle at the ($725) Support Area. Will the psychological level of ($1,000) hold or do we go down further from here?
Not Financial Advice...Trade with Confidence and Control.
ETHUSDT
, since early April with the signals from the Engineer and the Bear Flag formation. Looks as though we may have another Bear Flag forming on the Daily. We are down around 67% since the indicators started at the ($3,500) Resistance Area and down over 75% since the ATH. The Daily Downtrend Lines, unfortunately (or fortunately) have a triangle formation at the ($1,414) Support Area but also forms a triangle at the ($725) Support Area. Will the psychological level of ($1,000) hold or do we go down further from here? Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
