ETH/USD could be repeating itself - Bearish next 6 days
מעודכן
Have to see how this plays out but ETH/USD on the 2 hour chart looks to be a carbon copy of itself before the last retrace happened.
The Constantinople hard fork of Ethereum on Jan 16th may disrupt this - or maybe this is the last drop before that.
Overall the market is still bearish and shorting is the safest move currently.
The Constantinople hard fork of Ethereum on Jan 16th may disrupt this - or maybe this is the last drop before that.
Overall the market is still bearish and shorting is the safest move currently.
הערה
Failed at the 0.786 Fib region for the 5th time.Thought: ETH Constantinople update news could actually cause sharp sell offs if people have been accumulating, new buyers may panic sell before Jan 16th after it goes down by say $5-$10.
עסקה פעילה
Entering a short position on BitmexReasons: Repeated failure to break above 0.786, volume lowering for 4 days, downtrend, bear market + my TA matches.
הערה
Created a version of this chart on the 1 hour chart: 
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.