I see a lot of people getting excited about bullish trends emerging within crypto. Yes, I would love to see crypto move higher...but hope and reality are often separate.
When I analyzed the price trends for ETH, a significant development occurred this week. Price broke below the blue trend line that has been in force since June 2022. The break suggests the market's mood is changing from up to down.
Downside targets include $1290-$1332.
If ETH is successful in reaching these lower levels, then we'll reassess if deeper cuts are coming or if a formidable bottom may be forming.
When I analyzed the price trends for ETH, a significant development occurred this week. Price broke below the blue trend line that has been in force since June 2022. The break suggests the market's mood is changing from up to down.
Downside targets include $1290-$1332.
If ETH is successful in reaching these lower levels, then we'll reassess if deeper cuts are coming or if a formidable bottom may be forming.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
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Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。