Hello Traders! CTDave here again with another daily price analysis chart.
You can see that there is an area of support and strong demand zone which ETH almost hit. A look at the RSI shows that Ethereum is going to be oversold soon. There is a triangle pattern forming so ETH might retrace back before going higher.
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
You can see that there is an area of support and strong demand zone which ETH almost hit. A look at the RSI shows that Ethereum is going to be oversold soon. There is a triangle pattern forming so ETH might retrace back before going higher.
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
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。