One of my personal tips. We are currently on nice price and we could see price around 32 - 36 soon again. It is going to take some time, but I am already slowly buying these stocks.
This is technical analysis. Check for fundamental news for MT before investing.
In my opinion we can now expect price to move down.
Ofcourse dolar is now under big fundaments (Trump, China, Stock) - these are thing we can not predict and it can goes against our positions. Don't forget to have stoploss.
We have an important zone ahead.
We need to get throught it and break it. If we will get above it, we can expect further bull run. If not, we can expect price to fall atleast to drawn support. Then another try for breaking this zone.
We have signal for ETH. We know it is going to rise. Now we just expect correction to drawn levels.
Also is important to watch BTCUSD for its fundamentals.
If BTCUSD will be fundamentally (FUD, news, panic sells) crashing, we can expect same scenario on ETHUSD.
If market will stay stable we have definitelly signal for rising.
There is strong resistance, we are just entering it. If todays candle will close above this line, we can expect rising to blue rectangle. What can happend and mostly happens after overcoming these strong resitances is small correction. It can goes to blue level where red arrow is heading.
If todays candle will close like it is now, we can expect slow rising. In...
We are just entering important resistance zone. We will see what is going to happend.
We can expect to bounce to lower support zones and then expect second try to get above resistance. If price will get above resistance in first try, then we can expect bouncing to lower zones and then we can start with buyin (entering long positions)