Ethereum ($ETH) is moving towards a strong resistance!
Friends, the chart speaks for itself. The price of Ethereum is moving towards a strong resistance area (3 year high) and
we will probably see some sell action as soon we approach this level.
Please increase your longs at the important Fib-Retracement levels (highlighted in red and yellow).
Do NOT short from the resistance. We are in a bull-market. You will loose :-)
cheers,
ARESABI
we will probably see some sell action as soon we approach this level.
Please increase your longs at the important Fib-Retracement levels (highlighted in red and yellow).
Do NOT short from the resistance. We are in a bull-market. You will loose :-)
cheers,
ARESABI
Commento:
The projection for the inverse H&S also ends at the Resistance. So please be cautios
Commento:
The price pierced through the resistance. The retracement levels are invalid now.
Commento:
The price finally got rejected at the resistance. Consider the buy zones to be valid again. Have fun trading!
