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Ethereum

eth lots of confluence resitence. death cross and other support

Por luissjp
Atualizado
lots of confluence and resistences.

long time support that was broken

almost death cross 200MA 50 MA

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snapshot long support
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and the 50MA thT WAS resitence before.
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snapshot
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was support before ande know is resistence.
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snapshot bounce on the support of he falling wedge, broke the ong term support that is know is resistence batelling the 50MA weekly know. snapshot
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snapshot as you can see we ben batteling the 50ma weekly for a while. still resistence know.
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tradingview.com/x/aFGsXITw/we keep batteling the 50MA weekly
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snapshot
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snapshot looks we got rejected and the death cross happened on the daily, to be more confleucne death cross happened on the 203 where we git rejected befire starting last drop.
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snapshot we bounce back from the previous resistence and broke the 50 ma weekly, snapshot
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snapshot still batelling the 50 weekly MA and bounce of the previous descending wedge,
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snapshot we are finding support in the 50 week MA and i think we could target the 50Ma daily, that could pull us down.
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snapshot we could be in a bull flag.
Trade fechado: objetivo atingido
snapshot , we hit the 50MA daily , and rejected by it, target reached, can be know we will test again the 50MA weekly, but need to study more to figerout direction.
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we did have a death cross but could be it was a false death cross as what happened with bitcoin in 2014 snapshot
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continuation idea.

eth 100MA dailt target, posible inverse head and shoulder after
Trend Analysis
luissjp

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