ETH 12/8
W: despite the dump price closed above 4200 level showing strength of the bulls
D: strong suppot at 4k region
12h: dump on 3 Dec closed at 200 EMA
6-4h: price creates higher lows - orange line
W: despite the dump price closed above 4200 level showing strength of the bulls
D: strong suppot at 4k region
12h: dump on 3 Dec closed at 200 EMA
6-4h: price creates higher lows - orange line
Trade closed: stop reached
Two candles after opening the trade there was anomaly - reversed hammer candle on above average volume. This was a moment to close the trade without loss.
Related publications
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.
Related publications
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.