BMYWin

Range Trading

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COINBASE:ETHUSD   Ethereum
May be a Range Trading inside the triangle. Pressure is the neckline(Yellow). Support might be the Blue Line. Let's see if it is in this range for a while for seeking next direction.
Komen:
Bear Control the market. Killing down.
Komen:
Look like push down for escaping. Watch reversal signal.
Komen:
Looks like a range trading in the region.l
Komen:

highly possible Rescue mission
Komen:
Push Down to Rescure(Escape)

Possible Range Trading between 6400X4 hours and 200X4 hours moving average Zone.
Komen:
Well, it is in our expectation. Let's see if it target to 1224 to 1280 area.
Komen:
Range between 1100 days average to 35 day average.
If break the neck line (1224 to 1280), then a bullish run might be next development.
Penafian

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