ETH is above crucial support. this support is marked in the chart. this support line is also a neckline for a double top pattern of ETH. If it is broken, we will see a heavy drop in the value of the ETH.
Right now, as you can see from the chart at the bottom right, we are seeing a price squeezing above the support line. It is recommended that no trading decision be made until a breakout has occurred.
Renko's analysis shows respect for MA40. This will reduce the price to the previous level of support. Ichimoku analysis confirms this.
Right now, as you can see from the chart at the bottom right, we are seeing a price squeezing above the support line. It is recommended that no trading decision be made until a breakout has occurred.
Renko's analysis shows respect for MA40. This will reduce the price to the previous level of support. Ichimoku analysis confirms this.