If ETH continues to be pushed down along the dashed white descending trend line, it could possibly reach the 200EMA (buy zone).
ETH tested the 55% level (orange circle) and tried to push back up but stayed under the dashed white descending trend line.
Further dipping could bring ETH to the purple bar (Golden Pocket) for a low risk buy in.
More Power To All Your Trades, My Friends!
Ron
Intrepid_Trader
ETH tested the 55% level (orange circle) and tried to push back up but stayed under the dashed white descending trend line.
Further dipping could bring ETH to the purple bar (Golden Pocket) for a low risk buy in.
More Power To All Your Trades, My Friends!
Ron
Intrepid_Trader
Comment:
Yet another resistance.
