ETH continues to hold above 1585 positioning us in the steady-recovery scenario from yesterday's post.
I had typed descending but this is an ascending pattern which has been indicated roughly.
Remain cautious of sudden sellout as we are still below the LT ascending (dotted green).
This line may be considered as an average/turning point for the highlighted pattern.
www.tradingview.com/chart/gDBkksfy/
I had typed descending but this is an ascending pattern which has been indicated roughly.
Remain cautious of sudden sellout as we are still below the LT ascending (dotted green).
This line may be considered as an average/turning point for the highlighted pattern.
www.tradingview.com/chart/gDBkksfy/
