A tough breakdown after ETH fails to flip 3610 resistance potentially marking the start of a bearish cycle.
Recovery has brought us back above 3500 but still remains below the lower W1 neckline limit, prior ascending support and EMAs.
Remember that if this scenario holds true we should look to close weekly at the indicated intersection.
www.tradingview.com/chart/gDBkksfy/
Recovery has brought us back above 3500 but still remains below the lower W1 neckline limit, prior ascending support and EMAs.
Remember that if this scenario holds true we should look to close weekly at the indicated intersection.
www.tradingview.com/chart/gDBkksfy/
