Ethereum - ETH USD - Descending Channel
Accidentally posted a private idea several days ago. This follows on from that -
Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline.
It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I would expect the neckline of the H&S to act as resistance.
I will be refraining from entering an ETH trade at this stage until the market settles down around this first BTC fork at least.
Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline.
It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I would expect the neckline of the H&S to act as resistance.
I will be refraining from entering an ETH trade at this stage until the market settles down around this first BTC fork at least.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。