ETH looks interesting on the weekly. Since BTC keeps on going the lower trendline is close. An double top pattern in Bitcoin price followed by a consolidation could trigger a fund movement from BTC to Alts.
הערה:
The trendline looks correctly placed. It also acts as a support as expected.
But I don't like the shape. I expected a longer candle that would confirm the support. At the moment it doesn't provide any useful information.
2 more days to close this candle. Maybe we get some signal during the weekend.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
But I don't like the shape. I expected a longer candle that would confirm the support. At the moment it doesn't provide any useful information.
2 more days to close this candle. Maybe we get some signal during the weekend.