Taiwan_Bear

ETH - got hit in the face

Taiwan_Bear 已更新   
BITFINEX:ETHUSD   以太坊
Hi All,

ETH is pretty much following the direction of its big brother BTC. However, you can see the previous 4hr candle, ETH has surged to right on the 0.236 retrace @ $403.79 and got hit in the face, forming a huge wick on the candle. It signifies that the sellers were able to push the price down significantly. If you are going long, that's certainly not a good sign to see.

If EMA20 does not hold, $342 will probably be the next stop for ETH.

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Taiwan Bear

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評論:
ETH now overbought + double top. Expect to drop soon.

評論:
Updated TA:

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