Ethereum / BitcoinShort
ETHBTC - Bearish Movement
There's a lot going on here, and I am not a pro, but here are my thoughts.
The three arrows represent potential targets. A retrace to the 0.02685 seems very possible, and maybe to the next level on the resistance fan (0.0252?).
On the 1H, the RSI seems to consistently fall to at least 15.75 or even just below 11.0. Right now, we are hovering around 20. So, plenty more room for it to fall.
The three arrows represent potential targets. A retrace to the 0.02685 seems very possible, and maybe to the next level on the resistance fan (0.0252?).
On the 1H, the RSI seems to consistently fall to at least 15.75 or even just below 11.0. Right now, we are hovering around 20. So, plenty more room for it to fall.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.