Hi, yes we seen a break of the support line i gave in previous analysis. ETH formed two bear-flags in the previous days and now looking for the bottom.
This i the 1-day chart. We can see there many many red candles forming previous weeks.
The bear-flag target is the length of the wave before witch potentially can go to this target.
We cant say if we go up from here or downer? BUT i am pretty ure we are reaching this level the next days.
So let see how it plays out.
Happy trading!
This i the 1-day chart. We can see there many many red candles forming previous weeks.
The bear-flag target is the length of the wave before witch potentially can go to this target.
We cant say if we go up from here or downer? BUT i am pretty ure we are reaching this level the next days.
So let see how it plays out.
Happy trading!