Did not get to post this earlier, but the BTC post was similar.
Last posted about ETH downside, and it happened in mid November 2022.
Thereafter, ETH consolidated to form a bottom of sorts, and attempted a couple of breakouts after a double bottom and later, higher lows.
Arrows show where I took entries and exits.
1600 is now a resistance, and 1500 a support. Am watching for a close above or, most likely, below these levels. Thereafter, am left wondering if 1400-1420 range would hold as a support. IF it does, then it is really good news, else it would be a painful breakdown to the previous lows.
I am more inclined to see a deep retrace but only to support where I am expecting stronger support demand to re-appear sustainably.
Watch as it unfolds...
Btw, it appears that metaverse coins are probably the hottest in this preview rally. So, will start keeping a closer eye on the likes of SAND and MANA.
Last posted about ETH downside, and it happened in mid November 2022.
Thereafter, ETH consolidated to form a bottom of sorts, and attempted a couple of breakouts after a double bottom and later, higher lows.
Arrows show where I took entries and exits.
1600 is now a resistance, and 1500 a support. Am watching for a close above or, most likely, below these levels. Thereafter, am left wondering if 1400-1420 range would hold as a support. IF it does, then it is really good news, else it would be a painful breakdown to the previous lows.
I am more inclined to see a deep retrace but only to support where I am expecting stronger support demand to re-appear sustainably.
Watch as it unfolds...
Btw, it appears that metaverse coins are probably the hottest in this preview rally. So, will start keeping a closer eye on the likes of SAND and MANA.
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관련 발행물
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.