ETH: Correction incoming?
At the moment we're bracing for a correction.
As of this writing the price is at the "Breach or Bounce" level on the MA20.
A bounce would increase the angle/rate of descent, which in turn would create time for "Favorable News" to come up. But that's pure Hopium and way past TA, and going to the "Tea Leaves Reading" territory.
As of this writing the price is at the "Breach or Bounce" level on the MA20.
A bounce would increase the angle/rate of descent, which in turn would create time for "Favorable News" to come up. But that's pure Hopium and way past TA, and going to the "Tea Leaves Reading" territory.
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