Ethereum
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ETH - D1 Update

By vOidca
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Hello guys, small update after the break down. I was expecting a bigger move then that and higher volume.

As long as 192-195 holds, I'm still leaning towards that fake breakout to get $liquid.$$ before pushing higher.

Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see.

If it decide to dump lower expect 184 & 166 as next key point.
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Short update, this is looking more and more like a fake breakdown to play with people mind, we still need more confirmation, but things looks good so far.

What I will be looking at on the D1 chart is will the D1 close above last lower trend support (now resistance) and if we get a 2nd rejection from that pivot point around 202.15.

Oh and most importantly, HIGHER VOLUMEEEEEEE, we need to break that blue pivot point to hit more SL & $liquid.$$. Orderbook don't lie :) .
bitmexChart Patternsd1ETHEthereum (Cryptocurrency)ETHUSDTrend Analysisvoidca
vOidca

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