A highly likely scenario for ETH
the analysis is based on price action, volume and classic technical method.
I assume the price is going to retest one of the Fibonacci levels, remarked by a green rectangular, then break the Green trend line and the triangle pattern.
On the other hand, If you determine the pattern as A double bottom, it is also absolutely true because its scale is less than 30% of the previous wave. to approve this claim, we should not expect prolonged time correction.
As the oil price decreases the possibility of a deeper correction in the bearish market can be anticipated.
I assume the price is going to retest one of the Fibonacci levels, remarked by a green rectangular, then break the Green trend line and the triangle pattern.
On the other hand, If you determine the pattern as A double bottom, it is also absolutely true because its scale is less than 30% of the previous wave. to approve this claim, we should not expect prolonged time correction.
As the oil price decreases the possibility of a deeper correction in the bearish market can be anticipated.
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。
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。