[UPDATE] ETH $ETH vs USD @binance 4h TF
As was expected in previous post, looking for PA in zone selected. Now:
- Strong support on SMA500
- Uptrend support line (red) broken
- SMA130 above the current price
Conclusions:
- If SMA500 is broken down ( 1hr candle close below) = next target is aprox 153 usd
- Strong support on SMA500
- Uptrend support line (red) broken
- SMA130 above the current price
Conclusions:
- If SMA500 is broken down ( 1hr candle close below) = next target is aprox 153 usd
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