FxTicks

ETH USD (Do or Die )

Long
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BITFINEX:ETHUSD   Ethereum
We are at daily support trendline which is not looking good at this situation right now..
First half of 2018 is gonna end soon,,
maybe we can get reversal from this trendline and make new highs
RSI showing some kind of bullish divergence + Stoch RSI is oversold as well
we still need confirmation on 4H TF as well which i will be updating soon...
if we break this trendline and go down further
next stops will be blue major support levels
And if we get bounce the next levels for high term can be red lines
this is a Do or Die situatuion..
CUrrent situation of bitcoin isnt good as well with News are'nt in favour ... and everyone is in thinking of bearish market which can turn out to be a bullish one..
As marker can become bullish when no one is'nt expecting it
Good luck
Commentaire:
market can form double bottom with next resistance can be the daily lower highs trendline and can keep the downtrend
OR in else scanerio it can break the trendline and go up further
Commentaire:
can break this and go up.. we got bounced from daily trendline.. this can be just a simple bounce.
on Small TA we need to get confirmations
Commentaire:
so we did breakout last night of this consolidation area
Commentaire:

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