the metropolis release will restore faith in ETH and the team and people will remember that 100.-- were once 10.-- and all that matters is the percentage..
weak hands panic selling are creating opportunities for others to buy in.. we should thank them :-)
weak hands panic selling are creating opportunities for others to buy in.. we should thank them :-)
Nota
if the .3 fib can give ETH enough support to bounce we will know soon :-) if it breaks we will go down to .5 first.
glhf !
Nota
broke .3 -- but volume is increasing an the chart shows a small bullish divergence..looks like .5 is going to resist the bears...
Trade attivo
so we had a nice double touch down and while the 0.5 fib level did not resist much (we are actually above it again) the green trendline held pretty well and a reversal is very likely.. i'm going to bet on it :-)Trade attivo
this is where it gets interesting... the cloud acts as resistance - as does the red line, we are oversold but rsi is perfect.. volume is increasing..i'm guessing here: we will see a small push back and another try to break through the cloud and confirm a new uptrend in the morning
Trade chiuso: obiettivo raggiunto
expecting ETH to come down now.. not for long because i believe that ETH is a very good coin with good marketing and a bright future..
but the resistance seem to high for now..
let the bears have another run and then push back with full force !!!
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