ETH UPDATE: OVERNIGHT CORRECTION BUT THE BULLS ARE GOIN NOWHERE!

in ethereum •  8 years ago 

SELLERS REJECTED!

The expected correction took place overnight with closings down to the long term MA!

The bears failed to break 285 support from yesterday.

4 hr chart shows us the bullish pressure the bears being rejected every single candle so far, the bulls are trying to hold but the bears are willing to get a deeper correction.

Supports: 285, 273
Resistances: 323.6, 339

LONG TERM MOVING AVERAGE REJECTED THE BEARS

in the ETH-BTC pair holding in 0.85 so far

Major support around 0.82 with the uptrend but breaking 0.85 would not be easy for the bears!

Shout out to NEO, back at it again after the correction UP +17%!


It might hit 1 BILLION in the next hours, what do you think?

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Totally agree. Great data.

This post received a 2.8% upvote from @randowhale thanks to @erodriguezc11! For more information, click here!

I think I'm going to buy some ETH

I bought some more yesterday and am very bullish. BTC has exceeded its all time high while ETH is still below 300 US$, there is a massive room for improvement.

We think alike! Upvoted!
My analysis recently nailed the Bitcoin bottom and current rally. I've made lots of profitable calls and provide free TA analysis of your coins. Check it out: https://steemit.com/@haejin

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