#1. Ethereum. Bulls taking control?
Ethereum does look strong on the weekly chart, we can see the buyback early this week which is turning to a pretty candle on the weekly timeframe. Just a matter of time before we explode to the next resistance of $2350 to $2400 as we are above the long term trend line and all we need is to make it as as support. Right now it's happening.
Who's looking to enter in a long, it's simple now. Stop loss has to be below $1950 and let it ride, we can go as high as $2700 (0.5 FIB) before any major pull backs.
As long as we are above $1950-$1900, long term trend is in play.
Who's looking to enter in a long, it's simple now. Stop loss has to be below $1950 and let it ride, we can go as high as $2700 (0.5 FIB) before any major pull backs.
As long as we are above $1950-$1900, long term trend is in play.
Trade fermée: cible de profit atteinte
Ethereum did reach $2693, we can consider target hit on 0.5 Fibonacci level.I am still bullish on it, we had a pullback to $2500 area, as long as we are above $2300 Ethereum will move toward $3000 area to $3200 meanwhile BTC will play sideways and down.
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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.