ETHEREUM DAILY ANALYSIS - DOWNTREND?
Hey traders,
From my analysis of the Daily charts I see that price has broke through to the downside of the orange trend line.
Price also formed a bearish pinbar signaling a rejection of the 2nd retest of this same line.
Using a simple 50 day moving average, we see that price is trying to break below this.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
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ForexShinobi
From my analysis of the Daily charts I see that price has broke through to the downside of the orange trend line.
Price also formed a bearish pinbar signaling a rejection of the 2nd retest of this same line.
Using a simple 50 day moving average, we see that price is trying to break below this.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
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