ETH Broke Through Support! What's Next?
Looking at ETH on the 4h, we can see it rejected off of our 50 and 100 EMAs as predicted and broke through our 1200 support.
Right now I'm look for ETH to retest the 1150 level and will be placing longs there to DCA. If you're looking to short, you could place one here with a stop at 1210 or wait for ETH to reach a more substantial resistance of 1300 before placing a short.
If you enjoyed my TA, please send a boost my way and comment below :)
Right now I'm look for ETH to retest the 1150 level and will be placing longs there to DCA. If you're looking to short, you could place one here with a stop at 1210 or wait for ETH to reach a more substantial resistance of 1300 before placing a short.
If you enjoyed my TA, please send a boost my way and comment below :)
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