Degen-Dynasty

ETH Possible Diamond Top Rejection?

BINANCE:ETHUSD   Ethereum
ETH and BTC have been up against macro resistance for 3 weeks and both have finally began to reject.

If the trend continues to the down side the levels marked are expected rally points along the way.

If the diamond pattern continues a bounce at some point is likely from the 1850 or 1810 area to 1900-1925 area.

Anything farther raises the likely hood of continuation to the upside.

Trade Well

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.