ETHEREUM (ETH/USD) - Technically a Good Entry Area
Ethereum has outperformed a lot of other altcoins, it has shown decent growth.
Yesterday, the entire market made a pretty big drop and Ethereum is not an exception. Technically it was a classical role reversal, 2018 April support level became resistance around $360:
The market is currently a bit unpredictable. To make good investment decisions we should search for high probability trading setups, high probability bounce areas. Currently, I can offer you an area where the probability is pretty high.
Technically a good bounce area stays around $250:
1. Previously worked strong area should act as a support
2. Fibonacci retracement 38%
3. Curve trendline
4. EMA100&200 have started to rise into the blue box and they should act as support levels.
5. A bit subjective ascending channel upper trendline runs through the box and it should also work as a supporter.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Yesterday, the entire market made a pretty big drop and Ethereum is not an exception. Technically it was a classical role reversal, 2018 April support level became resistance around $360:
The market is currently a bit unpredictable. To make good investment decisions we should search for high probability trading setups, high probability bounce areas. Currently, I can offer you an area where the probability is pretty high.
Technically a good bounce area stays around $250:
1. Previously worked strong area should act as a support
2. Fibonacci retracement 38%
3. Curve trendline
4. EMA100&200 have started to rise into the blue box and they should act as support levels.
5. A bit subjective ascending channel upper trendline runs through the box and it should also work as a supporter.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.