Gold Pullback potentialHi friends.
Unfortunately we have bad times in iran and im so sorry about that.
i couldnt post any analysis for 2 weeks and i hope you accept my excuse.
God bless all IRANs people.
As you can see i think we have a strong Resistance level approch.
and also a valid trend line.
this Resistance level overlap with trend line and after going up to around 1680
the price will react and make a pullback.
wait for price to pullback compeletely and after you receive confirmation
(mostly bearish candlestick patterns) , you can go SHORT.
and in addition we saw the 55MA crosses 100MA and 100MA crosses 200MA
and this is a death cross.
thank you all.
PRAY FOR US WE HAVE VERY VERY BAD TIMES IN IRAN.
Prayandhope
Buy the DIP! ETH TECHNICAL ANALYSISHere are the support zones for ETH
The lines that are larger represent the max support/resistance
The lines that are thinner represent the start of the support/resistance
I have no idea where the bottom might be. The trend line has been broke and the first support level too. HODL!
Split your capital for these support zones. Unless it comes back up soon, which if it does make sure it breaks a resistance zone and makes it support before putting in the rest of your capital.