trx completed wave 5 so she might start a correction wave soon (a)
wave 2 ended at 786 so we can assume that the next correction is around the 0.5 and 681.
rsi is testing resistance as well as the macd
overbought rsi
trx is done with the 5 waves so she might start a correction wave soon (a)
she hit the 1:1 fib retracement resistance
failed to brake the top of the channel
As you can see eth broke the major resistance that has formed for months.
wich is very bullish
however, keep in mind that in can be a bull trap so stick to you top losses when the daily closes.
rsi is testing the major resistance as well.
I dont see eth going down any more.
There are 3 support levels wich i pointed.
The first sell target is the first fib...
As you can see we're obviously in a downward trend and testing the resistanceline now.
If it breaks, we can see a bullrun to the first fib level that acts like a hard resistance in the past.
the macd crossed wich is bullish, however the levels are not that low to call it bullish sow there is still enough space to go down.
If we brake the rsi resistance we can...
