MMBTtrader

ETHUSD strong support zone is touching

Long
MMBTtrader Updated   
BITSTAMP:ETHUSD   Ethereum
This fall was expected and we notice that about maybe 2-3 times in previous analysis and last analysis we talked about this H&S that was forming and we had breakout and price is reaching to our support zones as we can see .


two important support zone that are available now are:
A. 3200$ zone (that price currently reached this area and we may expect rise now)
B. 2900$ zone (if we had more correction this is strongest support left 200MA and 0.61% Of Fibonacci)

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1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Trade closed: target reached:
First target reached

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