Ether (ETH) had turned down from the downtrend line on Oct. 1 but the bears could not capitalize on the weakness and sink the price to the $308.392 support. The long tails on the candlesticks from the start of the month show accumulation by the bulls at lower levels.
1. CLUES it has been operating on a down trend line since the fall from $488 which suggest that it will fall to a very strong support.
2. The support it fall all this while is a very weak support that why the bull can't push futher to continue
KEY STRONG SUPPORT TO WATCH IS $240
1st support. @ $337
2nd support @ $308
and below 308 is next $240
Finally we can have a bounce here to 2021.
Don't forget to ike my idea and follow for more post.
wishing u happy trading
1. CLUES it has been operating on a down trend line since the fall from $488 which suggest that it will fall to a very strong support.
2. The support it fall all this while is a very weak support that why the bull can't push futher to continue
KEY STRONG SUPPORT TO WATCH IS $240
1st support. @ $337
2nd support @ $308
and below 308 is next $240
Finally we can have a bounce here to 2021.
Don't forget to ike my idea and follow for more post.
wishing u happy trading
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.