Daily Eth analysis: Strong move into resistance, is it enough???
***Welcome crypto community, I do daily Bitcoin / Ethereum review here, please follow, like, provide your feedback. Also if you have other chart requests please let me know***
As we concluded in the last couple of posts, it's important for Eth to cross above ~2200 resistance area.
Chart and levels are pretty clear, Etherum showed a lot of strength going into resistance yesterday, but momentum has slowed down a bit since today morning, we shall see how daily closes today.
Of course, it is not advisable to long into the resistance area, if we get any drop towards the 2040 area, then that's an area we can long with some stop of 1950 area or a bit lower.
Happy Trading!
PS: This is not financial advice, DYOR. please position your trading size
As we concluded in the last couple of posts, it's important for Eth to cross above ~2200 resistance area.
Chart and levels are pretty clear, Etherum showed a lot of strength going into resistance yesterday, but momentum has slowed down a bit since today morning, we shall see how daily closes today.
Of course, it is not advisable to long into the resistance area, if we get any drop towards the 2040 area, then that's an area we can long with some stop of 1950 area or a bit lower.
Happy Trading!
PS: This is not financial advice, DYOR. please position your trading size
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.