MCassICT

ETH and BCH needing help from BTC!

MCassICT 已更新   
COINBASE:ETHUSD   以太坊
It looks to me like ETH is trying to form a H&S pattern. we have a well developed left shoulder and head while the right shoulder is about halway through its development. On a positive note, it has moved above its 200 day moving average which may act as a support should the H&S try to play out. We also have support at the 900 level. If we close a candle below 900 I would wait for a new higher low to be established before getting back in to ETH. I am cautious until this plays out. BCH is also setting up with a bullish ascending triangle so be patient for that one. It has not moved above its 200 day MA but should it break bullish from the triangle, it should.
評論:
Check out my newest post specifically on BCH as well. Upside for both of these is very much up to BTC right now which is looking pretty good.
評論:
H&S definitely coming together....look for a minor drop to target...

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。