ETH able to break 290 & climb This is why I love TA - look how we hit .786 on the daily perfectly & fell back down to the weekly fib support
Weekly is bullish while the daily STOCH is bullish with the RSI presenting a downward tic
because the STOCH follows the RSI I will watch before calling
I do however anticipate consolidation in between these area
If we cant maintain support I call the bottom Bollinger Band support as a target of ~240
If we continue to climb like the weekly suggests I will call the Bollinger Band MA resistance area of 362 as as target
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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.