EthereumShort
ETH, the ending diagonal triangle, a short signal from $ 190
ETH Review, 1D
On the daily timeframe, the price moves in a corrective movement within the framework of the falling wedge. According to the wave analysis, the price draws the final diagonal triangle of the model 5-3-5-3-5, the target is going up beyond the upper limit. Now the price shows a good local growth + fixed at the level of $ 186. We believe that the purpose of this growth is $ 190, and the upper border of the channel passes there. We expect a continued downward movement to the level of 140 dollars where it will be possible to consider purchases. Cancellation of the scenario, we consider the output for $ 197.7
On the daily timeframe, the price moves in a corrective movement within the framework of the falling wedge. According to the wave analysis, the price draws the final diagonal triangle of the model 5-3-5-3-5, the target is going up beyond the upper limit. Now the price shows a good local growth + fixed at the level of $ 186. We believe that the purpose of this growth is $ 190, and the upper border of the channel passes there. We expect a continued downward movement to the level of 140 dollars where it will be possible to consider purchases. Cancellation of the scenario, we consider the output for $ 197.7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.