Ethereum ($ETH) is moving towards a strong resistance!

٦ يناير ٢٠٢١

Friends, the chart speaks for itself. The price of Ethereum is moving towards a strong resistance area (3 year high) and
we will probably see some sell action as soon we approach this level.
Please increase your longs at the important Fib-Retracement levels (highlighted in red and yellow).
Do NOT short from the resistance. We are in a bull-market. You will loose :-)

cheers,
ARESABI

٦ يناير ٢٠٢١

ملاحظة

The projection for the inverse H&S also ends at the Resistance. So please be cautios

٨ يناير ٢٠٢١

ملاحظة

The price pierced through the resistance. The retracement levels are invalid now.

١٢ يناير ٢٠٢١

ملاحظة

The price finally got rejected at the resistance. Consider the buy zones to be valid again. Have fun trading!