ETH/USD update

in cryptocurrency •  7 years ago 

A daily close above $347 implies targets above $500. The potential for downside is limited to 34 (yellow) and 89 (brown) daily WMAs.

https://www.mql5.com/en/charts/7520680/ethusd-d1-fxopen-investments-inc

cryptocurrency
7 years ago by

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      ·  7 years ago 

    good info. thanks

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      [-]
        ·  7 years ago 

      Thanks Srezz! Do you expect a downside when it's closing under $347? Like it's now $318,-

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          ·  7 years ago (edited)

        Anything can happen but personally I don't expect ETH to go below $300. The levels I show are the key support/resistance levels braking of which implies continuation to the targets. Since ETH currently sits between both triggering levels the market is neutral.

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            ·  7 years ago 

          Thanks for your answer! I appreciate it.

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            [-]
              ·  7 years ago 

            Hi srez's what do you think after seeing today's chart

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              [-]
                ·  7 years ago 

              We're waiting for ETH price rising, but in the same time LISK goes right to the moon. Sad I missed a train :(

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                [-]
                  ·  7 years ago 

                Srezz, today close is above 347. Can we assume now this rally will stop @500 ?

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