ETH faces resistance near 208 (Binance)
ETH surpassed a key bearish trendline with resistance at $180
If support lines fail, they can turn to resistance.
Bullish momentum above $180, $190 and $200 is cleared at this point
But strong resistance can be the next phase of 215 and 230
I would hold at this point.
ETH surpassed a key bearish trendline with resistance at $180
If support lines fail, they can turn to resistance.
Bullish momentum above $180, $190 and $200 is cleared at this point
But strong resistance can be the next phase of 215 and 230
I would hold at this point.
Note
We are still have lower highs.. still bullish. BTC is having lower highs as well. Still hold.Note
$200 turns out to be a strong support. The $220 reject was hard however the $200 pushed it back into contention It was in the overbought RSI range so one shouldn't be surprise that the bulls got tired. Currently it looks like a healthy pullback and we really need to keep an eye out for the next attempt on $220 and its volume. The 1, 2 and 4 hrly chart range requires a close looking at. I missed out selling at 220 while going out to dinner for my birthday.. If I had time, the RSI would have told me to sell at 220.Currently its settled between $200 and $210. If falls below 200, then we have a bearish bull back in my opinion, and hence stop limit should be just below 200.
Note
2 hrly chart > 
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This community has signals now but with no risk management comms.
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Disclaimer
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