ETHUSD Daily Chart -Some Insights
Updated
Note the following :
(1) There is a previously support/resistance that acts as trigger points every time the chart approaches it doesn't bounce back.
(2) The is a system of parallel trendlines for the correction waves which can be used as projection of the date for approach to resistance lines 1093, and 1233
(3) Is this a Double Bottom formation (formed by wicks, measured 2 weeks apart which conincides with BTCUSD 2-weeks significant event period? (on a daily chart BTC, the chart either crosses or touch the 50-day EMA
(1) There is a previously support/resistance that acts as trigger points every time the chart approaches it doesn't bounce back.
(2) The is a system of parallel trendlines for the correction waves which can be used as projection of the date for approach to resistance lines 1093, and 1233
(3) Is this a Double Bottom formation (formed by wicks, measured 2 weeks apart which conincides with BTCUSD 2-weeks significant event period? (on a daily chart BTC, the chart either crosses or touch the 50-day EMA
Comment
(1) Remains(2) Revised to further dates 13th - 22nd Feb for the approach to Pink line
(3) Double Bottom - CANCELLED
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