IOX-FX DAILY UPDATE ETH - 22/11/2021

Hi everyone

As we discussed in the ethereum analysis, an evening star candle pattern had formed on the weekly timeframe.

This week we start losing 5% of the price. At the moment it seems that the candle pattern is being respected.

I am still waiting for 3502 before positioning myself in any operation. I am not going to position myself for sale since the monthly trend is too vertical in my opinion.

In the event that we reach that level we would have a retracement of the same size as the previous one and we would find the level 0.618.
Chart PatternsHarmonic PatternsTrend Analysis

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