ETH pre fork sell off - buying opportunity
ETH has slipped below support on my chart - but being oversold is run of the mill for tokens.
Seems to be stabilising now.
Wondering if ETH is a safe haven during forking BTC BCash tumult
Seems to be stabilising now.
Wondering if ETH is a safe haven during forking BTC BCash tumult
Note
Success! this was a profitable trade and well timed.Now looking for next entry in newly formed uptrend.
220 level setting up as next pivot point = previous resistance level now acting as support.
Trade active
220 level are saw prices trade sideways for a number of days before breaking out and up on August 5 yesterday.My next target is below resistance at 300 so I will start closing out trade above 290.
Current price is 260 with newly formed support at 244.
244 can be used for updated stop level.
Trade active
Still in trade. Resistance at 275.Round number resistance at 300.
I will hodl to next resistance level at 320 to close trade?
Trade closed: target reached
Trade closed at 308 after failed to reach 320. Stalled at 314 and then started to fall. Closed trade. Profit banked.
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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.