AowsHosam

ETH (CONVERGENCE) + DOWN TREND

COINBASE:ETHUSD   Ethereum
hi there ,
convergence simply its mean that the trend its not finished yet not matter its down of up trend but in this case we have a down trend with convergence supportation,
price convergence its support the continuation of downtrend , i,m afraid this up wave its a bull trap and later price will continue down ,
thanks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.