Bottom in ETH?
Appears to be potentially highly oversold - clearly an incredibly bearish (nuclear) underlying trend:
Potential bottoming ih&s pattern:
We did however just form a lower low. This means that it may be prudent with good risk mgmt to run a long, and let the winner run if the price remains bullish.
Algo's tend not to stop hunt when the rewards are no longer there like they were.
Good luck in these robot wars mates.
Potential bottoming ih&s pattern:
We did however just form a lower low. This means that it may be prudent with good risk mgmt to run a long, and let the winner run if the price remains bullish.
Algo's tend not to stop hunt when the rewards are no longer there like they were.
Good luck in these robot wars mates.
Note
Note
Great day in ETH today, we see the price also broke above the EMA.Note
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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.