ARESABI

Ethereum ($ETH) is moving towards a strong resistance!

Long
BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Friends, the chart speaks for itself. The price of Ethereum is moving towards a strong resistance area (3 year high) and
we will probably see some sell action as soon we approach this level.
Please increase your longs at the important Fib-Retracement levels (highlighted in red and yellow).
Do NOT short from the resistance. We are in a bull-market. You will loose :-)

cheers,
ARESABI
Comment: The projection for the inverse H&S also ends at the Resistance. So please be cautios
Comment: The price pierced through the resistance. The retracement levels are invalid now.
Comment: The price finally got rejected at the resistance. Consider the buy zones to be valid again. Have fun trading!
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Comments

<3
+1 Reply
So much information here, thank you
+1 Reply
Amazing Risk-Reward ratio! Keep up the good work👏🏻
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ARESABI Investroyllc
@Investroyllc, Bro stop spamming every single idea for Reputation & Likes. Thank you
+2 Reply
@ARESABI, some traders need support to build up confidence, so we are trying to help out the community. Thank you😊
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victok Investroyllc
@Investroyllc, yes, stop spamming. I see your pointless comments everywhere.
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