Previous corrections for ETHUSD saw .786 region being hit & 200ma on 1 day chart being the swing low.
I see both a trendline support, 200EMA, and fib support level in the 550-650 region. This is where I'll be filling the last of my buy orders for ETH (most were at the 720-850 region).
I see both a trendline support, 200EMA, and fib support level in the 550-650 region. This is where I'll be filling the last of my buy orders for ETH (most were at the 720-850 region).
Trade closed: stop reached:
Looks like we have a wick just poking the support area I boxed in (see 2-4hr charts). Hopefully our new found support can hold, but in this market who knows?