اثيريومشراء
ETHUSD - Needs to find support on 3600
Afternoon traders,
The decline across the crypto market appears to be in 3 waves labelled ABC. The C wave correction is possibly complete as you can count a 5 wave decline.
To confirm the bullish trend is back in action ETHUSD needs to find support on the B wave top at 3600.
Markets are in a risk on mode as Evergrande made payment on their first debt obligations, the market is recovering some of the weeks previous losses on the more positive news.
Market sentiment has been risk off due to Evergrande and contagion fears.
Any more positive news could provide the fuel the market needs to set up the next 5 wave rally higher.
Let us know your thoughts!
The decline across the crypto market appears to be in 3 waves labelled ABC. The C wave correction is possibly complete as you can count a 5 wave decline.
To confirm the bullish trend is back in action ETHUSD needs to find support on the B wave top at 3600.
Markets are in a risk on mode as Evergrande made payment on their first debt obligations, the market is recovering some of the weeks previous losses on the more positive news.
Market sentiment has been risk off due to Evergrande and contagion fears.
Any more positive news could provide the fuel the market needs to set up the next 5 wave rally higher.
Let us know your thoughts!
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.