BMYWin

Range Trading

BMYWin Updated   
COINBASE:ETHUSD   Ethereum
May be a Range Trading inside the triangle. Pressure is the neckline(Yellow). Support might be the Blue Line. Let's see if it is in this range for a while for seeking next direction.
Comment:
Bear Control the market. Killing down.
Comment:
Look like push down for escaping. Watch reversal signal.
Comment:
Looks like a range trading in the region.l
Comment:

highly possible Rescue mission
Comment:
Push Down to Rescure(Escape)

Possible Range Trading between 6400X4 hours and 200X4 hours moving average Zone.
Comment:
Well, it is in our expectation. Let's see if it target to 1224 to 1280 area.
Comment:
Range between 1100 days average to 35 day average.
If break the neck line (1224 to 1280), then a bullish run might be next development.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.