ETH on the 4H
Bears are having their moment — and that’s fine.
Price is heading lower, with the 200MA around $3200 as the next support. If that breaks, the 0.382 Fib near $3000 is the last line before things get ugly.
My plan? Watch RSI for signs of bullish divergence.
Until then, hold tight.
Always take profits and manage risk.
Interaction is welcome.
Bears are having their moment — and that’s fine.
Price is heading lower, with the 200MA around $3200 as the next support. If that breaks, the 0.382 Fib near $3000 is the last line before things get ugly.
My plan? Watch RSI for signs of bullish divergence.
Until then, hold tight.
Always take profits and manage risk.
Interaction is welcome.
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.
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.