ETHEREUM POSSIBLE BUY?
The market seems to be forming a possible Head & Shoulder on the Daily TF. Overall the market is BULLISH based on the Weekly TF.
There is a break and retest of structure on the 4HR TF. We could see BUYERS showing interest should the current level holds.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
There is a break and retest of structure on the 4HR TF. We could see BUYERS showing interest should the current level holds.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Order cancelled
Based on what the market is showing in BTC, there is a probability that the market will likely reverse from current level.
Which made me to step aside for the current BUY bias for ETH.
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.
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.