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EuroMotif
7 oct. 2019 23:00

ETH.USD back at Critical Resistance: Ethereum ready to breakout? 

Ether / United States DollarCoinbase

Description

Followup to my previous post highlighting
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We are back at the resistance and noticing it EXACTLY.
Critical decision point for direction of trend and strength.
Bounce wave might be done, so retrace is worth watching.

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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

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Commentaire

Bulls punched through the immediate resistance
BUT can they get past this pesky green fib line?

Commentaire

uh oh, still struggling with that $182 resistance
bulls need to break it and stay above soon, or it will become serious resistance for a long time....


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Commentaire

No testing the bottom boundary of the resistance zone


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Commentaire

Still bouncing around inside the Resistance zone:
Breakout to either side could accelerate hard.

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Commentaire

Finally, nice breakout after retest of top boundary


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