luissjp

we broke 50 MA and got rejected by it

Short
luissjp Updated   
BITSTAMP:ETHUSD   Ethereum
we broke 50MA that was holding the rally since february and got rejected by it.

next target 230 (100 MA)
Trade closed: target reached:
the target reached the weak in bitstamp went quite low, so probably will be continuation, rigth know 100MA is holding
Comment:
that weak didnt happen in coinbase
Comment:
100Ma didn't hold I think newer target could be 200MA or the 78 retracement 197 , that holds support original uptrend from from 6feb
Comment:
other option is to be supported by previous resitence before we started the parabolic move. early to sy, either 210 or 197 , could be bounce areas.
Comment:
testing 100MA , see if we break the resistence or bounce down to test the resistence again
Comment:
we did bounce back to test resitence again, new idea.

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