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lunartune23
May 25, 2016 2:31 PM

Confirmation of Bull Trap close? 

Ethereum / BitcoinPoloniex

Description

In case of failure of a proper price bounce off the 1 month old support line around .025-.026, ETHUSD could enter the 1d ichi cloud and continue its decrease. New support levels could be found at 0.5-0.78 fib lines. Since 1d MACD, RSI, TRIX and OBV are turning down, price progression above the 1month old support line is doubtable for ETHBTC.
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