ETH ascending triangle bearish and 200ema test soon at daily?
ETH is close to lower line of ascending triangle. We saw 3 times test of 200ema in triangle and 4 times test of 100ema. Those 4x 100ema testing showed weakness of bullish trend in ETH imo. So ETH should back over 100ema at daily chart ASAP or will test 200ema and that would be dangerous for ascending pattern which we see now.
Short ETH? If we break 200ema at daily I would short, but I don't trade ETH last months.
Anyway this week and next are very important for ETH at chart.
I see 65% for going down and 35% for up.
Good luck!
Short ETH? If we break 200ema at daily I would short, but I don't trade ETH last months.
Anyway this week and next are very important for ETH at chart.
I see 65% for going down and 35% for up.
Good luck!
Comment:
Sooner than expected LOL. :)