ETH/BTC (0.056 Sat Weekly Key Level?)

💎Technical Analysis Summary💎


ETH/BTC

-Ethereum is bouncing up from the 20W Moving Average
-The 0.056 sat zone is acting as a weekly key level
-Because it has been retested 3x and the Bulls are defending it
-This area is also a confluence of previous support/resistance from March 2017 - April 2018
-Let us say if this zone will hold up until next week trading
-I think the chances to retest the recent high at 0.08 sat increases
-If you are looking for a buy position, make sure you have a stop loss below this green line
-Why? because it will invalidate your bullish bias and a higher potential of downside correction
-So please make sure to always follow your trading plan





⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉


``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````