ETH/USD
ETH is following the downward trend-line support as the price perfectly bounce right from it again.
Though $120 is a whole number of physiological support also Jan - Feb 2019 trading activity within this price level.
If the price will retest the resistance between $137 - $140 and pullback to $126 area to confirm new support,
I would expect a potential early sign of bulls buying. The market trend-line cycle will probably take 30 days,
expect more sideways action during this period.
ETH is following the downward trend-line support as the price perfectly bounce right from it again.
Though $120 is a whole number of physiological support also Jan - Feb 2019 trading activity within this price level.
If the price will retest the resistance between $137 - $140 and pullback to $126 area to confirm new support,
I would expect a potential early sign of bulls buying. The market trend-line cycle will probably take 30 days,
expect more sideways action during this period.
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.
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.