Ethereum Market Breakdown - July 21th, 2020
Obviously will keep you more updated in my Telegram chats, thank you for your continued support
- Re-entry price hit at our $233 support, currently testing the $245 resistance
- Looks like ETH broke out of its downtrend with a lot of force and it'll probably break through $245.92 resistance for good this time. This 4H candle that just closed basically is the make or break
- Even if the price dips a little bit to around $242 again, i'm still long and have my TP's set
- TP $264 resistance level (4h chart so this is a swing trade, not a day trade)
- Wait until this downwards bleed stops though, until we get a reversal then enter long.
Obviously will keep you more updated in my Telegram chats, thank you for your continued support
Trade closed: target reached:
TP hit at $264 #PressPlay