First of all I need you to know that trading right now could be very tricky so use SL while trading.
Coming back to the chart, ETH held the support and going to the upside it might happen to be retest before making further lows just keep in mind, ANY CANDLE CLOSES BELOW THE 85D EMA would be the SL that we can go lower. Right now it seems it can touch the resistance line of the current expanding channel.
Support remains the $156, $!49, $126, $110 and $103.
Resistance: %165, $176 and $186.5 and $203.
Trade accordingly.
#Peace
Coming back to the chart, ETH held the support and going to the upside it might happen to be retest before making further lows just keep in mind, ANY CANDLE CLOSES BELOW THE 85D EMA would be the SL that we can go lower. Right now it seems it can touch the resistance line of the current expanding channel.
Support remains the $156, $!49, $126, $110 and $103.
Resistance: %165, $176 and $186.5 and $203.
Trade accordingly.
#Peace
Comment:
So we broke to the downside, SL was hit my buy orders are placed at the black dotted lines which are the important support levels.
Trade closed: target reached
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