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sayedhfatimi
Nov 6, 2019 2:53 AM

Time to test the 200 DMA Long

Ether / United States DollarCoinbase

Description

Price action on ETHUSD looking bullish on multiple timeframes, multiple support zones below with the 100DMA recently broken, ~180 range on VPVR with next resistance at 210 around the target for this bull flag, 4h EMA ribbon below us, daily ema beginning to cross bullish, we may face resistance from weekly ema, bots trying to keep the price pushed down, but as i said in my previous post, we appear to be forming a very nice fractal, with a double rounded bottom on the weekly chart which can also be interpreted as a cup and handle, stochastic on the weekly also looks very bullish, if recent resistance of 193 is broken with convincing volume for confirmation, i see eth rallying to the 210 resistance range and possibly retesting the 200DMA, for which i believe we are overdue

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possible h&s on ethusd on the daily:

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