Looking at the daily triangle formation, its wise if we take away some profits now, and wait for the daily close to come out of this triangle above. Reason to take away some profits is that it go down and do a re-test of the 50% retracements.
PS: it is not a financial advice
PS: it is not a financial advice
Comment:
Hovering right at the 50% retracement.. critical time. Adding 20% of my morning withdrawal back into this trade
Comment:
Expect a big move upwards from Ethereum before 5th November, as it breaks from the triangle. Although, it looks like a descending triangle, the decreasing volume of selling, indicated there is reduced supply, which means the support should hold, and move upwards from here.
