ETHEREUM Getting Stuck At $750 -- Needs Close Above

in ethereum •  7 years ago 

Screen Shot 2018-05-09 at 9.45.02 AM.png

Well, good news and bad news...

The bad news is that ETH is getting stuck at the $750 level and we haven't seen a close above it in over two days.

The good news is we have higher lows (even though it's consolidation) and rising technical indicators.

Support is strong at the $710 level. I'd love to see a break of $750 and a close above on the longer charts.

Screen Shot 2018-05-09 at 9.47.44 AM.png

The daily candle is looking great for the bulls with a nice long hammer handle. Hopefully it can keep it up and show some follow through. If that happens, we'll be testing trend highs in the $830's.

Happy trading!

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7 years ago by

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      ·  7 years ago 

    So much for this...proof that missing action above resistances leads to falling prices.

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      ·  7 years ago 

    I made this post just in time!! Looks like we're going to get that upward movement and break/close of $750 today!!

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      ·  7 years ago 

    I know, right! I miss the >$820 just a few days back lol

    ETH shall soar again, soooooon!!!! (right??!?)

    :D

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        ·  7 years ago 

      yea, we will see!! I still don't think we'll get back to an ATH anytime soon, but how knows!!

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      [-]
        ·  7 years ago 

      Nice Brother. Good Luck

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          ·  7 years ago 

        thanks! same

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        [-]
          ·  7 years ago 

        a very good story I love it

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          [-]
            ·  7 years ago 

          hope the story continues to get better for us all!! :)

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            ·  7 years ago 

          Very goog, excelent

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              ·  7 years ago 

            thank you!

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