harangju

Historical ETH correction patterns

BITFINEX:ETHUSD   Ethereum
- In the previous bull run, ETH had two corrections that (1) bounced off of the daily EMA ribbon and then (2) further dipped to the 200-day EMA .
- The price ranges from the top were 66% and 50% for July and September 2017, respectively.
- So the historical pattern is: (A) dip below daily EMA ribbon, (B) bounce, and then (C) further correction to the 200 daily EMA .

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.