ETH Broke the earlier support and is testing a minor support at 484 currently there is a bearish doji telling us about the mega clash between the bears and the bulls and the indeciveness of the market.
Wait for a $504 to be broken on a 4hr chart on good volume to take a long position and 485 to be broken to take a short position.
Target if Support is broken -$454
Target if restistance is broken $526
Wait for a $504 to be broken on a 4hr chart on good volume to take a long position and 485 to be broken to take a short position.
Target if Support is broken -$454
Target if restistance is broken $526
Trade closed: target reached
The support was broken and the target of $454 was reached.
NOW IT'S the deciding movement of ETH. If this break the next support is at $528. hopefully money pours in or we are going to see something very ugly.
Trade active
Sorry for the above update. ETHUSD has still close to 10$ to close the target but I closed my position. Watch the support carefully
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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.