ethereum buildup

  • PREVIOUSLY - after resisting from 3164, it took support at 2799+ which indicates the bulls and buy on dips is sill active
  • it breakout from the trend line and crossed previous lower high and retested
  • will be looking for entry after second bullish sign on 2950 precisely, it may go first up and come back towards the level
  • if it continue to upwards then will skip this trade
  • the reason for double retest is to see another confluence of double bottom on the 50ema bands could add strong signs for our trade
  • profit taking levels based on fib extensions will be 3164 and 3370
Chart PatternsehtereumlongehtlongETHUSDTechnical IndicatorsTrend Analysis

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