Ethereum has held $334 support (best buy-in level) 4 times now since the September 1st drop.
Perfect bounce off of the $334 level to hit $353 & $369 TP's, This $369 level no longer acts as a resistance, it is a newly found support level. $369 is a very strong level and the close above it has turned the tables for a nice long.
The fact that Ethereum is holding above $369 without getting as much as a body of the candle close below it tells me that it's looking bullish.
🎯 TP1 @ $385
🎯 TP2 @ $400
🎯 TP3 @ $416
The chances of a pullback to sub-$300 levels are very low now and continue lowering.
This is clearly trending up now, don't bet against the trend.
Perfect bounce off of the $334 level to hit $353 & $369 TP's, This $369 level no longer acts as a resistance, it is a newly found support level. $369 is a very strong level and the close above it has turned the tables for a nice long.
The fact that Ethereum is holding above $369 without getting as much as a body of the candle close below it tells me that it's looking bullish.
🎯 TP1 @ $385
🎯 TP2 @ $400
🎯 TP3 @ $416
The chances of a pullback to sub-$300 levels are very low now and continue lowering.
This is clearly trending up now, don't bet against the trend.
Trade active
TP1 🎯 hit
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Related publications
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.