TameBTC

TameBTC

- ETH cutting through support like hot knife through butter - Congratulations to those who shorted the call - ETH bounced strongly of a very important support - Now expect some accumulation in the early 160s range before a rest of 158-159 - Good place to open long positions this area - Can target 168-170 as take profit areas - Long invalidated if ETH price falls...

TameBTC

- Failed multiple attempts to break the top of support - Price broke below 174 and retested the 176 level - Then broke below the bottom of the support zone and touched the 170 mark - Take part profits at these levels - Waiting for PA around 170-172 to region for further action - Expecting to test the 168 levels - Close above 176 can signal a reversal Previous Idea

TameBTC Updated 

ETHUSD - Currently in a no trade zone - Wait patiently for 4 hour close - If 4 hour close below 174 and pullback retest is confirmed, next major liquid support between 164-167 - If 4 hour close above 177, next resistance around 180 area - Successful flip of 180 as a support enables testing of mid 190s as the next major resistance - Bearish volume declining but...

TameBTC Updated 

Hello everyone, Resistance around the 61.8 fib level on the hourly chart. If it closes hourly above 10,600 expect a rally to 50% fib levels (11,100) - good place to take profits Overall bullish sentiment still prevailing though there is some indecision yet and a potential drop to 9,700 is on the cards should we fail to hold above 10,300 on the daily