SNOW_CITY

ETH Bullish and Bearish scenario TA and targets- QuantRsi 1D+12H

BITFINEX:ETHUSD   Ethereum
- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published...

I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish formation with the potential for a big slide.

That said, there is also the possibility of consolidation and continuation to higher highs, with some pretty bullish short term targets.

Here are my targets and some narrative into how I'm using the QuantRsi and Heffae Cloud indicators to establish these levels.

Refer to the chart and related ideas for reference! Happy trading!


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