Ethereum ($ETH) is moving towards a strong resistance!
Updated
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
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
Comment
The projection for the inverse H&S also ends at the Resistance. So please be cautiosComment
The price pierced through the resistance. The retracement levels are invalid now.Comment
The price finally got rejected at the resistance. Consider the buy zones to be valid again. Have fun trading!
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