Ethereum is in downtrend channel and it's getting close to a major support line.
Good area in taking position would be around $191-203, which are strong Fibonacci line and support line.
ETH also has a low RSI below 30.
Stop-loss, as always, is a must.
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DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.
Good area in taking position would be around $191-203, which are strong Fibonacci line and support line.
ETH also has a low RSI below 30.
Stop-loss, as always, is a must.
-----------------
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.