ETH Prime and Ready: Major Nov GainZ
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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Analysis:
RSI double top, w/ negative trend, which reflects on price action as well. Possible repeat of double bottom formation @ $2800 region for support confirmation. Whales could step in @ the 200EMA (white line) level for support. As Eth respects the green upward trend line, retest of trend could be great buying opportunities. Also BB are over expanded, which is a signal for the market is over saturated. Good opportunity would be once BB flattens out and contracts at a region of support, which could be around the $2800 to $3000 region.
Good Speed, and this is not trading advice, but my opinion on market projection.
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Analysis:
RSI double top, w/ negative trend, which reflects on price action as well. Possible repeat of double bottom formation @ $2800 region for support confirmation. Whales could step in @ the 200EMA (white line) level for support. As Eth respects the green upward trend line, retest of trend could be great buying opportunities. Also BB are over expanded, which is a signal for the market is over saturated. Good opportunity would be once BB flattens out and contracts at a region of support, which could be around the $2800 to $3000 region.
Good Speed, and this is not trading advice, but my opinion on market projection.