duycarpenter31187

nothing clear on different timeframes, still have to wait...

BITTREX:ETHUSDT   Ethereum / Tether
- on daily chart
the price bounce the EMA200 so tight, and the price is so close to the support line (the green),
our targets are EMA50(256), EMA100 (238).
- on 4H timeframe
ETH is trying to break the resistance line (the orange line). if the 4H cancle can close
higher than the EMA50 with a considerable volume to confirm as a bullish rally comes.
=> our targets are EMA100 (244) EMA200(257)
- on 1H timeframe
we can see the support line (the red dotted line), after 2 times hit the support line, we hope it has corrected
enough to break the upper resistance line on 4H timeframe.

=> conclusion: ETH is so close to support price on many timeframes, but we still not yet received any bullish
signal for short-term or long-term. what we need to do now is watching what the market will tell us ?
if 4H candle can close higher than EMA50 and that's a BUY opportunity

What do you think about my idea ?
Jul 24
Comment: the market gives us a better signal

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out