>Eth movement repeating its previous run last Jan 1-8, 2018 >Same RSI & Stock RSI. Jan 1- 8 & April 18-25, 2018 >Still struggling to overcome those thick resistance zone >Minor market correction >Still bullish biased >Always be cautious, a pull back below 580 - 600 may cause a reversal.
ETHUSDT, 4HR >Bullish Biased due to the upcoming Consensus 2018 >Ether is currently facing the resistance level (w/c are the previous support zone last March 9 - 14, 2018) at 680 to 690 USD. (Be cautious for novice traders like me) >Exhaustion from buyers could bounce the price in blue ascending trend line in short term squeeze at 650 or could break it and test...
Time Frame: 2 hrs >It looks like Eth is finishing a head & shoulder in short term (2hrs), but a break above 525 may also abort this pattern and trigger an uptrend price up to 540. >A break in 540 may trigger a bullish momentum, however a break below 480 may abort a bullish momentum and trigger a sell off up to 430 >The price is currently getting squeezed between...