Looks like its currently on a mega strong support. This also shows a long term trend channel every time we have touched that channel, we bounced and started a new alt season. This time could be the same. Bottom of said trend is 0.056 (shown on the chart), current level in my opinion is a great level to buy with small positions. I still think Eth will hit 0.15BTC.
Follow me on twitter for more real time updates.
twitter.com/3L3C70
Follow me on twitter for more real time updates.
twitter.com/3L3C70
Note
ETHUSD is a different picture though. It broke support ... however with BTC going up, it should go back up. The downside is brutal.Note
grinding support.Note
A bounce here, will be an epic bounce. One for the books.Note
just hit bottom. Could wick even lower but this is where it recovers ... or this is where it dies. When alts die, BTC also dies.
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.
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.