First Test Neckline, ETHUSD was rejected, which it is expected.
We guess maybe it will be developed in the following 2 Scenarios:
First Scenario: Back test 20 days support Zone, if it provide support, then it might test high again.
2nd Scenario: Back test 50 days average zone, then go up to test 200 days average.
Let's see if it goes in our guess scenario next.
We guess maybe it will be developed in the following 2 Scenarios:
First Scenario: Back test 20 days support Zone, if it provide support, then it might test high again.
2nd Scenario: Back test 50 days average zone, then go up to test 200 days average.
Let's see if it goes in our guess scenario next.
Comment:
Comment:
General Speaking 3 tests might be a good practice.
Bear might want to hit it.
Let's see what reaction to the bear.
Second Test of the Neckline.
General Speaking 3 tests might be a good practice.
Bear might want to hit it.
Let's see what reaction to the bear.
Comment:
As per expected. Bear Attack.