Flip it
Reverse chart of ETH, useful when you're biased.
Do you see how bullish this is? We just rejected of resistance as you can see but it was the first test and we broke the RSI trendline on the daily what means we probably going to consolidate, if we consolidate below resistance we would likely break it.
Key zones to watch :
255-275, possibility for a short with confirmation of RSI staying above 43 and going back up 50
if we break 166 I would target 89-110 zone
I would turn bullish if we don't break 166 and break the midline of the channel, but i see this less likely happening
Do you see how bullish this is? We just rejected of resistance as you can see but it was the first test and we broke the RSI trendline on the daily what means we probably going to consolidate, if we consolidate below resistance we would likely break it.
Key zones to watch :
255-275, possibility for a short with confirmation of RSI staying above 43 and going back up 50
if we break 166 I would target 89-110 zone
I would turn bullish if we don't break 166 and break the midline of the channel, but i see this less likely happening
Trade closed: target reached
TARGET HAS BEEN REACHED LADIES
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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.