ETHMYR Showed a Trend Reversal and is entering DOWNTREND
The upward movement failed to reach resistance 3 hence price will try and retest support line. If price passed support line then ETH is now entering downtrend.
There's possible uptrend still if price passed Resistance 3, that will be another buying opportunity.
There's possible uptrend still if price passed Resistance 3, that will be another buying opportunity.
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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.