blockchaintrends

ETH ETHEREUM Bearish channel

BITMEX:ETHUSD   None
ETH follow downtrend channel. Break bullish trend line(green line). Negative scenario will be continuation bearish channel till 0.782 Fibbonacii Level 97.85$ with small bounce LH level at 121$. Positive (double bottom pattern) bounce from 110$ to 130$ and break downtrend channel. Volume decrease bearish sign. MACD signal is bellow zero line - . RSI is bellow 50 -.
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.