Ethereum (ETHUSD) first red candle in weeks as profit-taking kicks in after ETHUSD briefly tested the psychologically key 400 resistance level.
With the current red candle quickly lengthening reversing most gains over the last two weeks, a bearish Island Reversal could be forming.
Significantly, ETHUSD is testing upchannel support (on the weekly chart). The daily chart provides a clearer set of warnings for bulls with the RSI, and MACD decisively sliding lower.
ETHUSD remains on the upchannel on the weekly and daily charts,until support is broken,the bears are kept at bay
Note : do sells off some eth as instructed from previous post
https://steemit.com/ethereum/@m33lucky/ethereum-ethusd-buy-opportunity-followup
The support is strong. I don't think it will be broken.
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yes i too hope that support wont break as you can see in my previous post i have take up postion at 308 and 280
view post here https://steemit.com/ethereum/@m33lucky/ethereum-ethusd-buy-opportunity-followup
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Nice analysis I am now following. But you don't make it clear would you suggest buying or just holding atm? Yesterday I was buying but today I am not sure.
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hi , sorry about that , which means you miss my earlier post you can view it here https://steemit.com/ethereum/@m33lucky/ethereum-ethusd-digibyte-dgbbtc-buy-opportunity
i was asking my follows to take profits on what was bought earily 3 days ago
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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