Degen-Dynasty

ETH Ready For Another Drop

Short
INDEX:ETHUSD   Ethereum
Watching btc and eth the past few days we have been losing momentum while price has been rounding over flat. This is a clear indication that the trend being observed is exhausted.

Unfortunately this trend has not pushed up into higher territory before turning back to the downside. As such a large drop in price may be in order.

As with btc currently targeting a 1.5 expansion to the down side in the 1430-50 area.

Trade Well.....

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.