Ethereum (ETHUSD) is now breaking and closing below EMA50 on the daily (D) timeframe for the first time since April... This can be a strong development.
We consider it a bullish signal when we have prices trading above this indicator, EMA50, which is marked here with a magenta line.
Now, we have ETHUSD breaking below it after showing low volume and lower highs... This can lead to a strong drop.
NOTE The charts are always changing... Remember to have a plan if you decide to trade.
Thanks a lot for your continued support.
Namaste.
🅱️ Bitcoin Likely To Move 1 Level Lower
✳️ TOTAL2 Looking Bearish but Is Bullish, Explained
✳️ Cardano's Retrace Soon To Gain Bearish Momentum
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.