Volume does not enlarge together with price increased. The bull seems to fear for testing the high side, losing the up trend momentum. Unless it can climb and closed above 213 - 214, otherwise, it might have the following 2 development scenario. Scenario 1: Range Trading between 204 to 211. Scenario 2: testing low again: 198 to 200, 191 to 190.
The chart looks like the bull might be satisfied for recent price pump up. Maybe a back test the support for confirmation it is still on the track of uptrend. Key support might be 198 to 202. Let's see if it will come back to test the support or not?
The chart looking like the bull is planning to test upper side. Let's see How high will it be tested. High side might be tested 1st Level: 203-205 2nd Level: 210-212 3rd Level: 215-217 Support: 197-198 191-194 185-188 178-180
Bear might try to testing low. Said maybe 203-205. More deeper maybe 195. Bull surely will defense. Let's see the triangle range development till 15th of May, 2020.
Maybe The bear is ready to dump at around 200. Let's see their fighting. Support: 176-180, 165 Resistance: 195, 198, 200, 210.
Last Saturday break high, but follow up trading volume are all still small. Possible a bearish signal. Or a possible fake RH2S bullish(Rise High To Sell). What's Next? Possible development 1: Back testing. Backtest level might be at 1. 158-163 2. 145-150 Possible development 2: Range trading between 165 to 185 for a while. Let's see next development.
A push dump from previous high, 3 time falling for testing low. Maybe it was a Push Down to Buy from hidden Giant, or it was a fake breakdown. It is attempting to test previous high. Let's see could it break it up or not?
Price drop and volume decreased. (look like a Bullish scenario) Possible a test of the support to check if it is strong. Let's see next development. Maybe it will go to challenge the upper side.
After accumulation for a while, maybe want to challenge 157. Surely, the bear might plan to attack. Let's see their fighting. Support: 128, 134, 138 Resistance: 150, 153, 155, 157
Nice Play. Hit our first target and second target. Bear might want to attack around 150-170 Let's see How Bull Challenge with Bear. Support: 120-130 Resistance: 152-170
Need Hot cash to support financial crisis: 1. Gold crash. 2. Stock market crash. 3. Crude Oil crash. 4. Forex market disorder. 5. Commodities market drop. They all need hot cash for margin call. Where can get hot cash? Alternative currency is. Why crash? WuHan CoronaVirus(COVID-19) now has been spreading all over the world. When can stop and recovery? Yet unknown. .
We see hedge fund flow into ETHUSD pair. Here is the key bullish support region. Let's see if it could hold it or not.
After range trading and accumulated, ETHUSD went up to test key Resistance. Maybe it will come back to test key support and key Resistance several times. Key support 223 to 233. Key Resistance 245 to 250. Breaking above Key Resistance is expecting.
Range Trading Scenario: Red Line Slightly bullish Scenario: Blue Line Possible Range Trading. Let's observe the next development.
This is a personal record. Not financial advise. GBPNZD forming a beautiful coffee cup and handle pattern. Possible Uptrend resistance and back-test support.
Struggle around this level. Waiting for Long position.
Maybe yes. Due to: WuHan Virus(2019 Corona Virus) uncertain development continue. Fund Escaping continue. Let's observe if 292 ,300, 320 are the target or not?.