ETH has, since the bottom break of the Descending Triangle 2 weeks ago, tried to regain the bottom break region. Since we have rejected 2 times now, it gives us a clear bear flag with a upward tilted channel. The bulls have to clearly regain 185 and break higher, in order to negate the bear flag on the Daily.
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Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
