ETH weak on the daily, but forming a bullish fractal+++!
Updated
As I mentioned in the previous ETH T.A that I did, prior to entering I'll do a daily t.a, and here it is.
Just in short key points:
-ETH tried to breakout on D, instead formed a bearish wick, and had a pretty touch rejection around 540-550.
-Today ETH looks, pretty weak, and over the next few days I could see a possible entry around 380-410 depending on the state of the market, with a stoploss at 350-360(previous low). >>>>0.88 ret support at 415, 0.93 ret support at 388-392(depending on how precise are the decimals counted in)<<<<<<
-If ETH breaks bellow the previous lower(bearish scenario), the next price I'd be looking to buy into would be around 200.(from my previous in greater detail T.A, this is just a short follow up)
Disclaimer:
//This is not a buy or sell sign, you decide what to do with your own money!!//
If you liked my take on etherium and/or other markets, comment,agree or follow for more interesting T.As', much appreciated, cheers!
Just in short key points:
-ETH tried to breakout on D, instead formed a bearish wick, and had a pretty touch rejection around 540-550.
-Today ETH looks, pretty weak, and over the next few days I could see a possible entry around 380-410 depending on the state of the market, with a stoploss at 350-360(previous low). >>>>0.88 ret support at 415, 0.93 ret support at 388-392(depending on how precise are the decimals counted in)<<<<<<
-If ETH breaks bellow the previous lower(bearish scenario), the next price I'd be looking to buy into would be around 200.(from my previous in greater detail T.A, this is just a short follow up)
Disclaimer:
//This is not a buy or sell sign, you decide what to do with your own money!!//
If you liked my take on etherium and/or other markets, comment,agree or follow for more interesting T.As', much appreciated, cheers!
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4 hr/Daily Update. Volume would be the key indicator.
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