ETHUSD - Still not bullish
I'm not a trader, so do your research before following this chart.
I've been maintaining this chart since early last week. As you might have seen, the green uptrend line was broken, which caused ETHUSD to test $180 (ok, $175) twice and it's now at $224. I believe $230-ish to be the resistance at the moment.
The downtrend resistance must be broken with strong volume before the correction is over in my opinion. If the new (red) uptrend support doesn't hold over the next few days, it could be that we see a test of the longer term (yellow) uptrend support of $100-115.
Expect volatility until the end of the month (BTC forking or not).
Thoughts?
I've been maintaining this chart since early last week. As you might have seen, the green uptrend line was broken, which caused ETHUSD to test $180 (ok, $175) twice and it's now at $224. I believe $230-ish to be the resistance at the moment.
The downtrend resistance must be broken with strong volume before the correction is over in my opinion. If the new (red) uptrend support doesn't hold over the next few days, it could be that we see a test of the longer term (yellow) uptrend support of $100-115.
Expect volatility until the end of the month (BTC forking or not).
Thoughts?
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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.