Ethereum market update - short term buy - sell at 177 $
Market price showing support at 161 $ to 163 $ and touching soon 100 day moving average (blue line) on 4 hour chart. Expect up movement if this happens, supported by bullish crossing of MACD baselines and sideways RSI. Take profit for short term long is 177 $ , stop loss under 160 $.
- open short at 177 $ after head and shoulder formation confirmation. SHS is confirmed if four/five candles close under 180 $ and another important confirmation is if the market price fall and close under neckline , expect fast down movement if this happens.
Good luck to all and enjoy your Sunday :)
- open short at 177 $ after head and shoulder formation confirmation. SHS is confirmed if four/five candles close under 180 $ and another important confirmation is if the market price fall and close under neckline , expect fast down movement if this happens.
Good luck to all and enjoy your Sunday :)
Handel aktiv
Trade stängt: Stopp nått:
trailing stop reached
Handel aktiv:
short trade is active now
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
