Traders for LONG:
We need to wait the close price of the current bar. If it is higher than the nose of the bullish pin bar, then the bullish reversal is possibly valid, or say it may go to pullback to the green support trend line. Please prepare your risk management because the D chart looks like a falling market.
Traders for SHORT:
In the daily chart on the right, MACD crossover has not yet confirmed because the price is still hold strong on the purple support trend line.
We also found double tops and OBV bearish divergence.
If the support trend line could not hold, ETH will plummet to Fib Ret 50.0% ($909) or near $800 ideally.
We need to wait the close price of the current bar. If it is higher than the nose of the bullish pin bar, then the bullish reversal is possibly valid, or say it may go to pullback to the green support trend line. Please prepare your risk management because the D chart looks like a falling market.
Traders for SHORT:
In the daily chart on the right, MACD crossover has not yet confirmed because the price is still hold strong on the purple support trend line.
We also found double tops and OBV bearish divergence.
If the support trend line could not hold, ETH will plummet to Fib Ret 50.0% ($909) or near $800 ideally.
Trade fechado: objetivo atingido:
Fib Ret 50% on D chart
