Perfect retest - looking for accumulation and support now
#ETH #UPDATE - This couldn't have gone much better from the update yesterday. Bears won, couldn't break trend - dumped down and took out pink arrows at the three lower levels with a great wick, bounced off the long term trendline from the highs, then quickly hopped back onto the $206 level and has now broken trend resistance.
Not out of the woods yet as 215 is likely to be resistant, and we have left a couple of missed retests now in the $207 area. I would like to see a retest there and some accumulation (but don't always get what I want!) and find support before trying for the $215 area. So if you're looking to buy see if you can get in a little lower.
Also obviously we are likely to align with BTC so I need to see if I think this is going to move up too. We got a big jump on ETHBTC yesterday as a result of ETH's strength over BTC so I need to chart that too and see if it is looking strong.
Not out of the woods yet as 215 is likely to be resistant, and we have left a couple of missed retests now in the $207 area. I would like to see a retest there and some accumulation (but don't always get what I want!) and find support before trying for the $215 area. So if you're looking to buy see if you can get in a little lower.
Also obviously we are likely to align with BTC so I need to see if I think this is going to move up too. We got a big jump on ETHBTC yesterday as a result of ETH's strength over BTC so I need to chart that too and see if it is looking strong.
Come say hi @elisa_crypto on twitter!
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.