$ETH - Following the similar PATTERN to Dig Down !
Hello my Fellow TraderZ,
If you see
ETH #ETHEREUM - it is similarly like the last time when the price got rejected by the Downward TL. If the Rising TL (RED ARROW) breaks, expecting the price to test atleast the support level of $1420-1370. This move likely be supported by the Bearish Divergence formed on RSI on 4 HTF.
This is looking obvious also because after breaking the level recently price never came back to retest the level. So this pullback could be Positive also.
Invalidation level - breaking of $1650.
CHEERS!!!
If you see
ETH #ETHEREUM - it is similarly like the last time when the price got rejected by the Downward TL. If the Rising TL (RED ARROW) breaks, expecting the price to test atleast the support level of $1420-1370. This move likely be supported by the Bearish Divergence formed on RSI on 4 HTF.This is looking obvious also because after breaking the level recently price never came back to retest the level. So this pullback could be Positive also.
Invalidation level - breaking of $1650.
CHEERS!!!
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