Ethereum

ETH at downtrend resistance as equilibrium tightens

334
I zoomed in the daily equilibrium to the 4 hour to make it a little clearer. We are looking at an hourly rising wedge that lines up with the downtrend line of the equilibrium pattern and would fit perfectly with a lower high to tighten the range more. I'm cautiously bearish with a price target around 650 for ETH right now, but flexible if the bulls prove themselves. I would love the equilibrium to tighten up a bit further to provide a really clear break with a nice tight stop for an optimal risk/reward setup.

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.