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bizmark
Aug 6, 2022 2:40 PM

Critical support for ETHBTC 

Ethereum / BitcoinBinance

Description

Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.

ETHBTC dropped out of the yellow channel, broke the lime uptrendline and backtested the white downtrendline where price found strong support from Hulk.💪 After the bounce up price reclaimed the lime uptrendline and even got back inside the yellow channel and also broke the red downtrendline. I think the white confluence area of the trendlines needs to hold as support otherwise breaking down would be bearish in my view.
See the original idea here:


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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comments
Solldy
The information is detailed and quite concise. Thank you for the idea! It would be interesting to know the complete list of tools you use in your analysis.
bizmark
@Solldy, thank you for the comment.
absadeek112
Continue influencing, I try ur ideas , and is working on me
bizmark
@absadeek112, thanks, glad you like it!
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