Introducing $2.425 - Ethereum ETH W-shape pattern scenario
Introducing $2.425 - Ethereum ETH W-shape pattern scenario.
Price in that moment at huge volume resistance $3.236 and at EMA60 of MA Ribbon.
For me more likely that we don't see a V-shape pattern but a W-shape pattern with second leg down to $2.425.
Importance of $2.425?
- this was the most seen volume at the current V-shape and the daily high on July 2021.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Price in that moment at huge volume resistance $3.236 and at EMA60 of MA Ribbon.
For me more likely that we don't see a V-shape pattern but a W-shape pattern with second leg down to $2.425.
Importance of $2.425?
- this was the most seen volume at the current V-shape and the daily high on July 2021.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
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