Ticker: ETH/USD
Exchange: BITFINEX
Signal: out of positions
LTC has found a point in which the price is interesting to buyers
But it's too early to talk about price reversals.
We do not see not the extreme volume, nor the excessive activity of buyers
For a long-term entry with confirmation, it is necessary to wait:
until the price is fixed above 420 (the first signal),
pierce must break out the descending trend line (the second signal)
will be fixed above resistance 520 (the third signal)
Remember that ETH strongly correlates with the market, therefore on BTC events should be rooted almost as much.
Exchange: BITFINEX
Signal: out of positions
LTC has found a point in which the price is interesting to buyers
But it's too early to talk about price reversals.
We do not see not the extreme volume, nor the excessive activity of buyers
For a long-term entry with confirmation, it is necessary to wait:
until the price is fixed above 420 (the first signal),
pierce must break out the descending trend line (the second signal)
will be fixed above resistance 520 (the third signal)
Remember that ETH strongly correlates with the market, therefore on BTC events should be rooted almost as much.
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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.
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.