🔴 $ETH at a critical juncture - bearish signals dominating!
📉 RSI at 11.1964 shows extreme oversold, but price keeps breaking lower support levels
⬇️ Both EMA20 (2616.7) and EMA50 (2655.69) are declining steeply above price, confirming downtrend
💥 Volume ratio stable at 1.0x suggests selling pressure could continue toward 2480 support
Target: 2480 | Invalidation: 2580
Do you think we've hit bottom or is there more downside? Share your take!
Follow for more 4H forecasts twice weekly 📊
📋 How did my last forecast do?
I said $SOL would rise from 122.15 to 125.80 in 48h.
❌ It went against me (-2.17%), this one was wrong.
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/372258527110908?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Ethereum
📉 RSI at 11.1964 shows extreme oversold, but price keeps breaking lower support levels
⬇️ Both EMA20 (2616.7) and EMA50 (2655.69) are declining steeply above price, confirming downtrend
💥 Volume ratio stable at 1.0x suggests selling pressure could continue toward 2480 support
Target: 2480 | Invalidation: 2580
Do you think we've hit bottom or is there more downside? Share your take!
Follow for more 4H forecasts twice weekly 📊
📋 How did my last forecast do?
I said $SOL would rise from 122.15 to 125.80 in 48h.
❌ It went against me (-2.17%), this one was wrong.
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/372258527110908?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Ethereum