EthereumLong
ETH looks bullish short, mid & longterm
Updated
Horizontal S/R-zones held pretty much for ETH/USD. Missed to buy in at the previous lows 125, but if this can break resistance 141, we have a new great setup.
I kind of was denying the flag patterns during the bearish trend (we're still in a bearish trend, but ye). Lately it seems that they try to recover themselves. Just like this flag we're in right now. Looking forward how it develops when its tightening around the 141 levels. It won't surprise me if we go back to 131 first. Just don't buy resistance :)
Support = 131 / 125 big support
Resistance = 141 small / 149 big
I'm slightly bullish till 149 / 166
I kind of was denying the flag patterns during the bearish trend (we're still in a bearish trend, but ye). Lately it seems that they try to recover themselves. Just like this flag we're in right now. Looking forward how it develops when its tightening around the 141 levels. It won't surprise me if we go back to 131 first. Just don't buy resistance :)
Support = 131 / 125 big support
Resistance = 141 small / 149 big
I'm slightly bullish till 149 / 166
Note
Flag failed (as always) and support confirmed @ 131 as expected. Bought in @132 and waiting to reach to 149 for a neat r/rNote
And we have lift offf. try to close half @ 149, the other half @ 190
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.