Good afternoon traders, Today I am looking at the supply and demand levels for the most recent ethereum uptrend since its low in 2020 (~88.18). I am NOT a financial advisor, this is simply for entertainment/educational purposes: TRADE AT YOUR OWN RISK. 2020 Low of 88.18 (~3/9/20)---> the following two candles we see the DEMAND AREA being formed between (A 118.63)...
38.2 level = small correction 61.8 level = deep correction Mid Cycle low around 10/5?
Supply: 269.1 - 413.91 Demand: 103.88-119.13 Support: 144.86 Resistance: 231.96
XLK looks like the top performer YoY, followed by XLC, SP, and XLV respectively.
bearish rsi divergence notice the number of lows in each oval (pullback) 2, then 3, then 4-5....
Good day traders, Resistance 1 3950 Resistance 2 ATH Support around 3000 Volume needs to build on July's positive momentum What are your thoughts?
Looking to long SOLUSD AFTER possible end cycle pullback. Look for fall to .38 or .61 fib. Two bullish LT cycles and good volume.
~4359 resistance weekly support and resistance patterns Looking for retest resistance
RSI currently at 73.16, compared to feb 08 high of 87.17. Support around .97 Resistance around 2.5