ETHEREUM price bounced of Support zone, where price will go?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Direction: Long
Reasons for it:
- Price bounced of Support zone
- Price made a fake breakout of Key Level
- Then made retest Key Level and bounced
- Key Level is 157 $
- Key level coincide with trendline
- 1st resistance near 204 $; 2nd resistance near 225 $

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Thanks for sharing as always buddy! I think we need to be careful here because the 123 correction can be complete and we can head down soon!

You entered in a long position before at a price of 157$ or now at 183$ ?
+1 Reply
Tin12 Tin12
@Tin12, sorry I understand now, I was a little confused.
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