Ethereum (ETHUSD) has been consolidating nicely after hitting a low in late September.
It recently bounced off of the 0.5 Fib. retracement support and is now moving higher.
It easily cut through EMA10 and EMA50 and is now challenging $179 (EMA100).
If this keeps up it is likely that ETHUSD will move up to EMA200 or around $185...
After this level is reached we can analyze the next move.
Conditions for change
If ETHUSD moves lower and fails to conquer EMA100, it needs to stay above EMA10 to keep this bullish scenario. So a close below $174 would invalidate most of the above signals.
For now, it is moving higher...
Thanks a lot for visiting again.
Namaste.
It recently bounced off of the 0.5 Fib. retracement support and is now moving higher.
It easily cut through EMA10 and EMA50 and is now challenging $179 (EMA100).
If this keeps up it is likely that ETHUSD will move up to EMA200 or around $185...
After this level is reached we can analyze the next move.
Conditions for change
If ETHUSD moves lower and fails to conquer EMA100, it needs to stay above EMA10 to keep this bullish scenario. So a close below $174 would invalidate most of the above signals.
For now, it is moving higher...
Thanks a lot for visiting again.
Namaste.
Trade chiuso: obiettivo raggiunto
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t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
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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.
➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Pubblicazioni correlate
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.