Introducing $2.425 - Ethereum ETH W-shape pattern scenario.
Price in that moment at huge volume resistance $3.236 and at EMA60 of MA Ribbon.
For me more likely that we don't see a V-shape pattern but a W-shape pattern with second leg down to $2.425.
Importance of $2.425?
- this was the most seen volume at the current V-shape and the daily high on July 2021.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Price in that moment at huge volume resistance $3.236 and at EMA60 of MA Ribbon.
For me more likely that we don't see a V-shape pattern but a W-shape pattern with second leg down to $2.425.
Importance of $2.425?
- this was the most seen volume at the current V-shape and the daily high on July 2021.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
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.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
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.