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Ethereum
Short
Updated

we broke 50 MA and got rejected by it

282
we broke 50MA that was holding the rally since february and got rejected by it.

next target 230 (100 MA)
Trade closed: target reached
snapshot the target reached the weak in bitstamp went quite low, so probably will be continuation, rigth know 100MA is holding
Note
snapshot that weak didnt happen in coinbase
Note
snapshot 100Ma didn't hold I think newer target could be 200MA or the 78 retracement 197 , that holds support original uptrend from from 6feb
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snapshot other option is to be supported by previous resitence before we started the parabolic move. early to sy, either 210 or 197 , could be bounce areas.
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snapshot testing 100MA , see if we break the resistence or bounce down to test the resistence again
Note
we did bounce back to test resitence again, new idea.

eth 100MA rejected testing support
luissjp
ETHTrend Analysis

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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.
ETHTrend Analysis
luissjp

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.