Quick update on ETHEREUM as I have just noticed the moment is near for direction to be confirmed. It is possible it will continue sideways for a little longer, but as I mention on the chart it is sitting on channel support.
If the channel support breaks here, I believe we will see $155 range... but if it holds obviously heading the other way higher to $285 ranges. All charts are really boring and not moving incredibly fast right now, so patience is definitely the key. Wait for direction for confirmation before entering a trade.
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
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Channel support has held so far, currently a retrace is happening at the channel resistance. With volume ETH should break this and head for the $285 target
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ETH is hitting channel resistance right now. IMO it should break through next try...