Hi everyone,
There is very strong support at the $175 level that I believe it will hold and send us to the $200 level. However we have to consider both options and be ready to react to the current descending triangle. If we break upwards, our first target is $200 and our second target is $220.
Feel free to comment below
There is very strong support at the $175 level that I believe it will hold and send us to the $200 level. However we have to consider both options and be ready to react to the current descending triangle. If we break upwards, our first target is $200 and our second target is $220.
Feel free to comment below
Note
I'm thinking 50 50 chance now. BTC broke this strong trendline a few hours ago. It may get back above it soon, but it may also be a retouch before the drop. Again wait for a break of ETH triangle to make a move
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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.