ETHUSD Bullish Wave Setup
ETHUSD sports 5 waves up from the June low and 3 waves down from the August high. The corrective decline also forms a perfect channel and former resistance (highs in June and July) was support today. BTCUSD traded beneath its June low today before recovering, leaving a non-confirmation with ETHUSD (well above its June low). The setup is constructive and also suggests that risk assets are NOT bearish. -Jamie
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.