ETH trade idea
Buyers broke the trend line, but could not fix above 147, as they were prevented by a local resistance of 149.
If the price breaks the trend line again, it will go to 142.5, if it succeeds in fixing below 142.5, then the reason to update the recent low of 134.
But if buyers can raise the price from 145.5, then there is every reason for the price increase to 152.
If the price breaks the trend line again, it will go to 142.5, if it succeeds in fixing below 142.5, then the reason to update the recent low of 134.
But if buyers can raise the price from 145.5, then there is every reason for the price increase to 152.
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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.