We have to start over in ETHUSD.
It seems there's a confluence of indicators in the 160-170. That zone contains prior highs from Jan and Feb and the late August low. The 160-170 area is also the location of a diagonal Fib speed resistance line. If ETH can't hold up here, then it may be a repeat of July. In that case, ETHUSD broke above the Fib speed line and then failed. Once ETHUSD came back down below that line, a big move lower started four days later.
Bottom Line: When it comes to ETHUSD, it feels like less is more. The less we say, the better.
It seems there's a confluence of indicators in the 160-170. That zone contains prior highs from Jan and Feb and the late August low. The 160-170 area is also the location of a diagonal Fib speed resistance line. If ETH can't hold up here, then it may be a repeat of July. In that case, ETHUSD broke above the Fib speed line and then failed. Once ETHUSD came back down below that line, a big move lower started four days later.
Bottom Line: When it comes to ETHUSD, it feels like less is more. The less we say, the better.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.