MMBTtrader

ETHUSD strong resistance ahead more correction ahead or new ATH?

Short
BITSTAMP:ETHUSD   Ethereum
As we can valid trendlines are ahead and strong resistance zone .
first one that is touching right now is first pressure of sell or ... and we expect more correction here

second one is trendlines that touched previous ATH and current one and why we may expect touching that because we had creation of double bottom that is strong reversal pattern here and maybe and maybe market get some strength and rise to touch second trendline and mange to fall after touching it as mentioned with red path .

and we had broken trendline too that is now retesting that and more fall is expected after this conformation:

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>

My Free telegram channel:
t.me/mmbtchannel

VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.