EURUSD is making lower lows in 4h timeframe and did some exhaustion on that resistance level, so with the next bearish signal i went short, we got a breakout of daily trendline too.
Ethereum lost a lot of trend strenght, and now is copying the last patterns, so with that breakout to the downside, i believe ethereum could dosomething like i show with the arrows in the chart, correction should happen really soon or now.
Ethereum lost a lot of bullish strenght in 4h, and is currently doing descending channel on 1 hour timeframe, so i believe after we found some exhaustion at that sell zone area, we will do something like i did in the chart with arrows.
Waiting to price to go to our buy zone in our retangle.
Due to the current ethusd price action i believe we could find some support on this area and break it up, im still bullish on it.
TRXUSD is in our battle zone right now, i believe in a little smaller movement before we go to higher levels.
I believe, EURUSD found a strong support as we can see that is the same as our trendline, i believe price could do the third touch and then go up, as i believe we are in a bullish momentum.
Due to current price action i believe in something like this, or if we breakout before, probably that movement can be more faster than expected.
ETHUSD POSSIBLE FUTURE ANALYSYS by Argolinhas, bullish momentum
ETHUSD still bullish for me in short term and long term until i have confirmations proving me that im wrong, but never forget on the possibilities on that levels.
ETHUSD is currently inside of a bullish triangle, i believe price need to do some consolidation before go to higher levels, but if go down, i believe on a litle bigger correction.
I believe ethusd could correct a little more to continue bullish movement as we did a big movement in a short timeframe.
After our before analysys, we can see that eth got strenght to get new highs, but right now i see ethusd overbought inndaily timeframe and 4 hour timeframe, so for this reason i believe we can see a correction until our buy zone, possible confluence will be visible on this levels, im still bullish.
Ethusd hit our previous target, im waiting for a pullback to reenter.
Thats just my analysys, im waiting for confirmations, but i believe price will continue to the downside with some strenght, ideal is to wait for oscillator confirmation and lower lows in lower time frame.