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ETHUSDT I see ETH moving in a range within a parabolic resistance (just like the one which BTC had broken in NOV month) and 100D MA.
ETH was rejected by this parabola everytime in May, August and now in Dec also it's getting rejected.
100D MA has been supporting price everytime during corrections.
PS: BTC dominance and price both are high and increasing.
ETHUSDprice move to area of value and correlated to BITCOIN once get clear rejection focus for short
ETHUSDOnly for educational purposes. I am not responsible for your losses,
Before taking your trade please analysis and take your own decisions
ETHUSDThe median target of the channel is achievable with respect to the breakdown of the downtrend and placing in a channel.
ETHUSDDescending Channel pattern formation on ETH on a 30min timeframe ! Target should be around 3300$ ! SL 3200$
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
#ETHUSDHere is ethereum analaysis. I belive it may test $1700 mark again and then show a big bullish movement. There is a formation of descending triangle pattern in formation.
ETHUSDETH BROKE OLD SUPPORT LINE AND FAILED TO GET IN AGAIN SO ETH IS BEARISH NEXT SUPPORT ZONE IS HERE
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