ETH forming a potential head and shoulder pattern in 4H chart after a nice run up since last year. Given Bitcoin is trading below daily 100 EMA currently and unable to repositive above the 50k price mark affirmatively, do watch out for a potential correction for the top 2 Crypto currencies which may provide a better long entry for both if the technical do play out as suggested. Good luck trading!
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Both ETH and BTC price are fullfilling the technical bearishness, time for correction! For leveraged traders suggest to control your risk and watch out as swing could be wild.
The correction could be deeper than most people thought, just as how impressive the run up started last year.
Will let this correction play out and looks to buy back some ETH along the way without leverage. Good luck trading!
The correction could be deeper than most people thought, just as how impressive the run up started last year.
Will let this correction play out and looks to buy back some ETH along the way without leverage. Good luck trading!