ETH - That resistance is just too strong
Updated
B wave probably formed. That resistance is simply too strong. I can't see breaking that resistance in near future. Bitcoin also looks bearish. MACD doesn't looks bullish at all, RSI also.
Let's see how we can play this resistance on ETH. In case that I'am wrong i will put stop loss just little above that super resistance. My first target is Golden pocket (0.618 - 0.65 Fib), you can also play that major support where i think C wave will be formed.If you have any questions you can DM me. If you like my trade and analysis make sure you hit that like and follow button. Thanks!
Let's see how we can play this resistance on ETH. In case that I'am wrong i will put stop loss just little above that super resistance. My first target is Golden pocket (0.618 - 0.65 Fib), you can also play that major support where i think C wave will be formed.If you have any questions you can DM me. If you like my trade and analysis make sure you hit that like and follow button. Thanks!
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As i said that resistance is too strong. Expecting to reach target in 2 to 3 days.
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