ETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone. The 4 hr Kijun is still around 600 $ and could provide a bounce for a bullish move. A strong Kijun bounce is a buy signal. We will probably test that again.
Key levels: 600, 580, 550, 530 $.
Trade carefully, this is not advice.
Key levels: 600, 580, 550, 530 $.
Trade carefully, this is not advice.
Trade attivo
Following cloud support carefullyNota
Small boost from cloud support once again. Not very convincing follow through for a crossing. Wait for TK cross on 1 hr!Trade attivo
TK-cross! :)Trade chiuso: obiettivo raggiunto
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Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.