ETH Uncursed
Ethereum and Vitalik broke the Downtrend! but where they go is still uncertain :D
We can see only a little parts of EMA200 (red one) but enough to forecast a bit.
So we can see on chart ETH passed clearly EMA50 and EMA100 and looks like consolidating.
The first target for now it's to break EMA200 around 240$, if ETH is rejected we will have to wait more.
if it breaks 240$ it will be a free push to 300$ and here we got a big resistance line!
for now i will not recommend to buy until it breaks clearly 240$+.
i will add a far view to show that ETH Broke clearly his downtrend.
Stay S4fe and Happy Tr4Ding!
We can see only a little parts of EMA200 (red one) but enough to forecast a bit.
So we can see on chart ETH passed clearly EMA50 and EMA100 and looks like consolidating.
The first target for now it's to break EMA200 around 240$, if ETH is rejected we will have to wait more.
if it breaks 240$ it will be a free push to 300$ and here we got a big resistance line!
for now i will not recommend to buy until it breaks clearly 240$+.
i will add a far view to show that ETH Broke clearly his downtrend.
Stay S4fe and Happy Tr4Ding!
Nota
Far view Nota
1D FiboNota
This is MACD ETH/BTC Monthly Timeframe. if i add it on USDT analyse have a good reason, everything have to be compared within BTC dominance. it can confirm that ETH is coming back from very far and will consolidate with time.Nota
ETH still on his uptrend for now and making a nice support on ichimoku cloud + Pivot 1 Day + BB around 188$. wait and see + follow closely King BTC also.Nota
Nota
if you entered market like i suggested i really advice you to keep look at BTC movements and stay S4fu, don't fomo... never forget BTC is king... and be aware to sell before 300$..Nota
watch the triangle for scalpsTrade fechado: objetivo atingido
Aviso legal
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