COINBASE:ETHUSD
Today Ethereum got rejected for the 3rd time by the 620 Resistance line. This outcome wasn't peaceful, it dumped about 5% in just 1h. It did the same on the 2nd rejection. It is currently in a parallel channel, but when broken to the downside ETH could drop quite low in my opinion. Another attempt breaking the 620 resistance could be crucial...
Hey my beloved trader!
On November the 7th we saw a 8.00% drop and a bounce at 70.00 upper band RSI. But could be this happening right now. BTC could drop to a important level at 17200 where we have a lot of resistance and bounce right up again. We could also see a retracement at the FIB 0.382 level again at the 0.382 level. Not advice just something I stubbled...
Currently we see BTC on the 15min chart forming a ascending triangle. If it breaks out we could see BTC skyrocketing to 20.000,00. Couple hours ago it has spammed wicked to 17200 which in my case is a retest from the parallel channel. What we could also see is BTC retesting the 17900 support, which is not strong, but if it fails the 17200 will be the next support,...
