Hope you find value from this post.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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ETHEREUM bounced off support at 2928 at Green Support Bar, but is still under its 12MA and way below the RED Extended Resistance Trend Line.
ETHEREUM is now battlng its 12MA and as of this writing it has been rejected by it.
Retracement from this point could push ETHEREUM back down to the 3178 - 3120 range, and eventually down to the Green Support Bar.
Today's first order of business is to push past 3420 and close above its 12MA.
MACD: Crossing Bullish today and will either confirm it or get rejected from this pull back, or retracement.
Stoch RSI: Headed for the 80 Level, momentum still Bullish.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
ETHEREUM bounced off support at 2928 at Green Support Bar, but is still under its 12MA and way below the RED Extended Resistance Trend Line.
ETHEREUM is now battlng its 12MA and as of this writing it has been rejected by it.
Retracement from this point could push ETHEREUM back down to the 3178 - 3120 range, and eventually down to the Green Support Bar.
Today's first order of business is to push past 3420 and close above its 12MA.
MACD: Crossing Bullish today and will either confirm it or get rejected from this pull back, or retracement.
Stoch RSI: Headed for the 80 Level, momentum still Bullish.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader