Ethereum (ETHBTC) can go higher from here...
EMA100 worked as resistance before, where you see the red "x"s on the chart. Now that EMA100 has been conquered, ETHBTC can easily move higher.
Early today we saw a strong move supported by good volume and a bullish RSI.
Will there be follow up by the bulls?
If the price for ETHBTC closes above 0.0224 - 0.0226, it is very likely that there will be follow up (additional growth), and even if its prices close a bit lower, as long as it remains above EMA100 (0.021482).
But if ETHBTC gets a bearish candle today, it might retrace a little bit before trying to reach the next goal.
The next target for ETHBTC is 0.024846 or EMA200. This level is likely to be hit in one single jump once ETH takes off.
Namaste.
EMA100 worked as resistance before, where you see the red "x"s on the chart. Now that EMA100 has been conquered, ETHBTC can easily move higher.
Early today we saw a strong move supported by good volume and a bullish RSI.
Will there be follow up by the bulls?
If the price for ETHBTC closes above 0.0224 - 0.0226, it is very likely that there will be follow up (additional growth), and even if its prices close a bit lower, as long as it remains above EMA100 (0.021482).
But if ETHBTC gets a bearish candle today, it might retrace a little bit before trying to reach the next goal.
The next target for ETHBTC is 0.024846 or EMA200. This level is likely to be hit in one single jump once ETH takes off.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.