ETH forming a new suuport? Buy zone maybe
Please note that this is a record of personal trading log, DO NOT TAKE IT AS FINANCIAL ADVICE
It looks like ETH is forming a fake breakout of previous low of 1821.95 and significant integer mark of 1800
Notice that the high volume over the past four hours
LONG entered at ~1800
TP 1 - resistance at 1970
SL - 1770
Another important thing that worth paying attention is that: ETH.D or ETH/BTC is currently at a support area over the past 2 months,
I think ETH might be undervalued now compared to other cryptos in the market
Maybe it's time for ETH to get its dominance back a bit? (OR back downwards)
It looks like ETH is forming a fake breakout of previous low of 1821.95 and significant integer mark of 1800
Notice that the high volume over the past four hours
LONG entered at ~1800
TP 1 - resistance at 1970
SL - 1770
Another important thing that worth paying attention is that: ETH.D or ETH/BTC is currently at a support area over the past 2 months,
I think ETH might be undervalued now compared to other cryptos in the market
Maybe it's time for ETH to get its dominance back a bit? (OR back downwards)
Nota
Second entry @ 1796noticed large volume of unfilled buy order at 1795
followed by rebound of BTC from its support
TP change to 1945
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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.
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.