ETH UPDATE January 26
Hi Everyone and this is my analysis
DISCLAMER:
THIS IS FOR MY EDUCATIONAL PURPOSES ONLY AND DON'T TREAT IT AS FINANCIAL ADVICE OR SIGNAL
SUMMARY: BEARISH
I believe ETH Drop because of the H&S Formation and I am currently on consolidation.. Im waiting if the area around the 1305 will be penetrated if not.. I believe it will fall like BTC, I saw that the 200 MA and 150MA may Block the price also to go up from the resistance
Checking on the MACD and RSI Divergence of 1 day and 6 hours and 4 hours, there are signs that ETH might really fall down 14XX might really be the peak
If you see this helpful you can help me push my trading studies by donating on this Address:
USDT TRC20 Address TDiZ1AaHFSYG6F66TAss8tnU3rzNPXfQZa
DISCLAMER:
THIS IS FOR MY EDUCATIONAL PURPOSES ONLY AND DON'T TREAT IT AS FINANCIAL ADVICE OR SIGNAL
SUMMARY: BEARISH
I believe ETH Drop because of the H&S Formation and I am currently on consolidation.. Im waiting if the area around the 1305 will be penetrated if not.. I believe it will fall like BTC, I saw that the 200 MA and 150MA may Block the price also to go up from the resistance
Checking on the MACD and RSI Divergence of 1 day and 6 hours and 4 hours, there are signs that ETH might really fall down 14XX might really be the peak
If you see this helpful you can help me push my trading studies by donating on this Address:
USDT TRC20 Address TDiZ1AaHFSYG6F66TAss8tnU3rzNPXfQZa
註釋
Generally for upper time frames like 4 hours and 6 hours and 1 day we are still uptrend.. it this H&S breakdown will proceed.. I will be bearish
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