one of the many possibilities of the eth price action against usd is the following : ETHEREUM seems to be forming a double top or M pattern formation , that if completed [ currently we are forming the second half of thr M pattern ] , and suppot around 3k got broken , than the next area to watch is surely the 2.6k level . [however 3k is holding good so far ] ,lets see, but from the spike that eth or btc had , the volume get decreasing and decreasing .this does not mean the market has to go down , but keep in mind nothing go up straight .... have a nice trading session
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.