harribatu

ETH - Do not expect much of the weekend.

BINANCE:ETHUSD   Ethereum / U.S. Dollar

Yesterday afternoon it started off fantastically giving a buy signal as it bounced off the pitchfork line support rising from the 0.382 level to the current 0.618.

What can we expect?

Here a very short view


Marked in red a possible return to lower levels. Above we have the exit of the descending triangle and the next level .786 reaching level 1 just coinciding with a return to the pitchfork channel.

... Or not, anything can really happen, right now as I write these lines the price breaks down the line that I had been maintaining for a few hours. From 208 to 206.75. RSI is oversold.

Bless!
Comment: limon lmao

Comments

this is what i have on it from a MTA analysis perspective on ethusd
+1 Reply
Interesting idea,
here is my overall perspective
+1 Reply
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