We keep getting juice from the recent BCHUSD fork and BTCUSD push. And since ETHUSD prices seem to twin bitcoin, a long above 300 is ready to break.
230 was a big comeback and we followed up quick to 266, but haven't been able to push over that hump after a few bursts. If we can break ~266, we can expect a pump to 300, which is another fun level for us to break.
Open long @ 266 -> R1: 299
Stop @ 231
Close @ 339
If we can't break 266, we should hit S1 @ 230 again and make another attempt.
Short -> 231. Open Long to 299.
Have a great week!
230 was a big comeback and we followed up quick to 266, but haven't been able to push over that hump after a few bursts. If we can break ~266, we can expect a pump to 300, which is another fun level for us to break.
Open long @ 266 -> R1: 299
Stop @ 231
Close @ 339
If we can't break 266, we should hit S1 @ 230 again and make another attempt.
Short -> 231. Open Long to 299.
Have a great week!
Note
The resistance at 275 is REAL!Order cancelled
Trade active
Cancelled the 339 trade, 299 still open. Game on!Trade closed: target reached
Target 1 reached. Lots of resistance at 299.Target 2 still in reach after a retest!
Trade closed: stop reached
Did not realize 335, but retrace to 299 had a stop order at 315. On to the next oneDisclaimer
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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.