Hi Everyone. In a previous post, I mentioned how ETH was struggling when approaching the horizontal top resistance in black; and soon the correction started. Now a descending triangle is forming and a critical junction is waiting for us, specified in the picture as a yellow disc. My wish is an upward break, but apparently ETH is running out of stamina (technically: momentum), and could break down. In that case, hopefully one of the previous levels specified in blue could still hold as support, and we will have a fresh upward run again.
Good luck.
My imagination is not a trading advice, please do not take me seriously. This is just a self-entertainment. Bye.
Good luck.
My imagination is not a trading advice, please do not take me seriously. This is just a self-entertainment. Bye.
