Ethereum
Long

ETH/USD TA Update (Bulls Defended Trend-line Support?)

293
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.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.