1. / Trend analysis: - At the chart W: Trends are tending to break in the range of 86 - 91 and are expected to bounce back at 155 and 195. - At chart D: There is currently no clear trend related to up or down. - At H4 chart: At this time frame, it is showing an upward signal due to the resistance of the middle BB and MA 50. In addition, the divergence RSI is not really clear. The signal for going up tends to be stronger than the signal for going down. In case ETH re-tests the price zone of 154 -157, it will Breckout. 2. / Analyze the bumpers. + In case of an uptrend: if ETH surpasses the 154 -157 price range, Breckout will increase to 190 + In case of Downtrend: ETH does not cross over the price range of 154 -157, it will fall to 101
@VincePrince,
OK thank you. Fibo resistance at 61.8 is a big resistance and will be a strong recovery at the price range of 180-190. According to the village, when will it be time to go there?