ivogruev
Long

Main supports are at 0.01978 and 0.01943

KRAKEN:ETHXBT   ETHXBT
158 2 2
The bullish scenario seems to be on track. To keep our trust for it we need to see two main supports to hold the price above them. If the bulls are preparing to accelerate then the price will not go below 0.01978 and today or tomorrow the price can explode above 0.023476. If Ether needs a bigger correction then we will see several more days shallow correction with price keeping above 0.01943. The scenario with retracement to 0.5-0.618 fibo is still a valid one and if it unfolds there is no big worry for the bulls. Up to date they are in control for the trend of Ether. I will keep watching carrefully for any bearish developement and I will signal if some negative biases arise on the chart.
hubavka
6 months ago
Bravo Ivo, prekrasna chart :)
Reply
ivogruev hubavka
6 months ago
Blagodarya, sega ostava scenaria da se izpylni :)
Reply
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