ETHO buy setup based on fib and several signals

15 Tem 2021

ETHO big jump in price (35%) showed great potential for that coin and revealed some valuable information about resistance and support levels, that should be exceeded in future. Support now is at 0.06 level, which creates a good base for future growth. Pattern of the waves on MACD indicator is positive for an additional growth. This, combined with the overall positive trend, which is indicated at the time of record by EWO, allows to create buy setup below:


Buy price: 0.0645-0.0660
Take profit: 0.0739
Stop Loss: 0.0600