Hello fellow wanderers. I will be taking a look at ETH.
- Ether did a bull run and retraced to around 0.077 and bounced on the trendline + horizontal support (resistance turned support)
- Chilling around 0.08 - 0.085 right now.
- Daily closed above the support of the previous bull run which is bullish. Daily close above 0.618 fib would be even more bullish.
- Low volume which gives me some doubts. Need more volume for a more reliable signal.
- MACD showing some signs of reversal.
- Ether did a bull run and retraced to around 0.077 and bounced on the trendline + horizontal support (resistance turned support)
- Chilling around 0.08 - 0.085 right now.
- Daily closed above the support of the previous bull run which is bullish. Daily close above 0.618 fib would be even more bullish.
- Low volume which gives me some doubts. Need more volume for a more reliable signal.
- MACD showing some signs of reversal.
Note
Note
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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.