ETHBTC Where do we go from here? 48 hours
Updated
Our chart suggest at 0.123 we have
1. Fibonacci level
2. previous support and resistance (round number)
3. upper band of 2 SD Bollinger band
What happened last 48 hours?
1. We broke out of both trend lines and Fibonnaci level
2. slight taking profit activity with retest of trend line at 0.094
3. today buy in activity took us to above 0.100 again
Possible scenarios
1. Consolidation at the above 0.100 level awaiting locking in (Likely)
2. Further move up
Of course, No lock in Money will fly out of the market again. So Please follow Money Management techniques
In view of building support behind BIP91 we may continue Bullish trend
xbt.eu/
suggest taking profit before that level for short term holders
Long term holders are in good shape with Ethereum
please refer to my previous chart
Please do your own research
Best of luck everyone
1. Fibonacci level
2. previous support and resistance (round number)
3. upper band of 2 SD Bollinger band
What happened last 48 hours?
1. We broke out of both trend lines and Fibonnaci level
2. slight taking profit activity with retest of trend line at 0.094
3. today buy in activity took us to above 0.100 again
Possible scenarios
1. Consolidation at the above 0.100 level awaiting locking in (Likely)
2. Further move up
Of course, No lock in Money will fly out of the market again. So Please follow Money Management techniques
In view of building support behind BIP91 we may continue Bullish trend
xbt.eu/
suggest taking profit before that level for short term holders
Long term holders are in good shape with Ethereum
please refer to my previous chart
Please do your own research
Best of luck everyone
Order cancelled
ETH Wallet has been hacked trading closed on it till market shows clears up
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.