wolf-lamb

Ethereum - Bearish and Bullish scenarios

BINANCE:ETHUSDT   Ethereum / TetherUS
Here is my point of view on Ethereum.

I think ETH will start a retracement from here. As you can see , the RSI started to pullback, and the MACD lines crossover. It is possible to see a fake breakout before the dump.

On the bulllish scenario we will see a short retracement around 342 and then we can continue in extension to around 460.

Waiting for a confirmation before opening a position.

Let me know your opinion about ETH.

Please hit the LIKE button if you agree with my idea.

THANKS!

The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.