>Eth is still grinding to break 790 - 800 zone and to go back up to the Red Thick Uptrend line, 805 region.
>If the price stays above 792 (0.618 Fib), its a very good sign of another upcoming run.
>A candle stick that stays below 775 (0.236 Fib) may delay another run.
>Please be cautious, its early morning in Asia, anything can still happen this weekend
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC 0.59% -0.92% -1.54%
**Disclaimer;
>This is just my 7th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
>If the price stays above 792 (0.618 Fib), its a very good sign of another upcoming run.
>A candle stick that stays below 775 (0.236 Fib) may delay another run.
>Please be cautious, its early morning in Asia, anything can still happen this weekend
*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC 0.59% -0.92% -1.54%
**Disclaimer;
>This is just my 7th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
Note
>That thick yellow resistance zone did its job well.>Bulls are exhausted. 700 seems to be the support atm, but im still waiting for another 4h candle above that level.
>As usual, BTC correcting ETH and most coins follows.
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.
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.