Hello traders . good morning
Ethereum News
Eth is the best forever and today almost up ٢١ % . May be next 2 months green days for crypto .
Happy Steemit .
Today Ethereum Price :
Today 22/09/2018 Saturday the Ethereum price 3.89% up. From $205 to $242.
Total Bitcoin Market :
3,673,294 BTC
Total Ethereum Market in last 24 Hours :
422,700 BTC
Thank you Follow me for Daily Crypto news and Price Update .
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Hopefully coming months to good for crypto currencies.
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Let's try to look at ETH also. I rarely trade other cryptocurrencies rather than bitcoin with leverage.
Looking at the weekly charts; market showing thrusting action here. Weekly trend is down. The market has taken the stops below 196 and now showing a pullback. There are more stops lower below the 132.
On the daily; market testing agreement resistance zone at 250 recently. There is another good agreement resistance zone higher up at 287. These are the resistances that we wıll be looking at so keep a close eye on it. After such a down thrust on weekly; you can expect that first or second resistance to get sold.
Zooming down to 4hr chart; We see poor DP on sell signal. We have good agreement and confluence support levels. This can be risky to long the market with weekly down thrust and trend against us but I m still expecting the market to see the 287 retracement first and then shows a decent pullback. So If you prefer to long the market at 4hr at appropriate support levels you need to drop lower timeframes to watch for dynamic pressure. If you cant get it you need to look for ways to exit the position immediately.
Note: Please re calculate all fib levels on your trading exchanges.!
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what is this can you explain me ??
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Flagged for bid bot abuse @steemflagrewards
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Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @hanen.
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You got a 9.89% upvote from @emperorofnaps courtesy of @askquestion!
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You got a 64.10% upvote from @upmewhale courtesy of @askquestion!
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