ETH has had a another regressive bounce here and looks to be set to reverse to the downside. Notice the arrows pointing to previous star and hammer that punctuate reversals, here it looks like this will be another star wicking into the 200ma resistance for a reversal.
Price could recover and perhaps tag the 0.618 but if a star is printed at the close then good chance it will reverse on that candle. I would guess that 200ma selling pressure did not allow price to tag 0.618 as it may have done otherwise.
No targets really as this is a capitulating structure.
Death cross coming soon enough.
Not advice.
Price could recover and perhaps tag the 0.618 but if a star is printed at the close then good chance it will reverse on that candle. I would guess that 200ma selling pressure did not allow price to tag 0.618 as it may have done otherwise.
No targets really as this is a capitulating structure.
Death cross coming soon enough.
Not advice.
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much passed*
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Looking good so far.
Next video Saturday 22 June😼.
Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
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Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
Not advice.