EthereumViés de alta
ETHUSD - Needs to find support on 3600
Afternoon traders,
The decline across the crypto market appears to be in 3 waves labelled ABC. The C wave correction is possibly complete as you can count a 5 wave decline.
To confirm the bullish trend is back in action ETHUSD needs to find support on the B wave top at 3600.
Markets are in a risk on mode as Evergrande made payment on their first debt obligations, the market is recovering some of the weeks previous losses on the more positive news.
Market sentiment has been risk off due to Evergrande and contagion fears.
Any more positive news could provide the fuel the market needs to set up the next 5 wave rally higher.
Let us know your thoughts!
The decline across the crypto market appears to be in 3 waves labelled ABC. The C wave correction is possibly complete as you can count a 5 wave decline.
To confirm the bullish trend is back in action ETHUSD needs to find support on the B wave top at 3600.
Markets are in a risk on mode as Evergrande made payment on their first debt obligations, the market is recovering some of the weeks previous losses on the more positive news.
Market sentiment has been risk off due to Evergrande and contagion fears.
Any more positive news could provide the fuel the market needs to set up the next 5 wave rally higher.
Let us know your thoughts!
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Publicações relacionadas
Aviso legal
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.