ETH Analysis ahead of weekly candle close.
Eth has shown a Cup and handle pattern on the weekly chart.
This gives us the opportunity to analyse the same against some fib levels on the weekly as well as daily time frame.
There are a few possibilities that arise from the current levels, and also shows us the potential price movement in the short term.
2 possible scenarios have been analysed and shown as paths. anywhere a deviation from the path will be an invalidation and we will have to revisit the levels.
The current RSI 7 levels of above 70 make the second possibility stronger.
This gives us the opportunity to analyse the same against some fib levels on the weekly as well as daily time frame.
There are a few possibilities that arise from the current levels, and also shows us the potential price movement in the short term.
2 possible scenarios have been analysed and shown as paths. anywhere a deviation from the path will be an invalidation and we will have to revisit the levels.
The current RSI 7 levels of above 70 make the second possibility stronger.
Trade ativo
We are on track still!
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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.