Cryptorenko

ETHUSD Bearish trend continues 'Daily Renko Chart'

Short
Cryptorenko Updated   
BITFINEX:ETHUSD   Ethereum
Not enough buying power for big trend reversal
Trade active:
ETHUSD falls towards its support level at 255/260.

Trade active:
Next support level 230
Trade active:
Next support level at 200 will be interesting. There is an oversold situation.
Comment:
Underperformance (YTD) against BTCUSD
Trade closed manually:
Higher Lows on Daily, 4H and 1H charts

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.