RizeSenpai

ETHUSD: Bearish ABCD BAMM WIth Hidden Bearish Divergence

Short
INDEX:ETHUSD   Ethereum
I still hold my Macro Target of $168.81 on ETH but for now just considering the local price action i think ETH is set up for a move down to around $1080 which will be the PCZ of this Potential local ABCD we may be forming here as we show Bearish Divergence at the 200SMA as the Potential C Point.

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.