ETHUSD LONG BITMEX

I took the biggest timeframes, marked the support and resistance and moved down through the timeframes.

If the trendline will hold, I expect a rise or even a bounce from it (trendline), If we break the monthly resistance of 293 I expect a spike to 350 or even more.

SAFE TRADING AND REMEMBER, SMALL/BIG WINS AND ONLY SMALL LOSSES :D

Yorum:

Weekly resistance touched and it did not broke out (301.9 see the blue line).
I think the price will fall back to the accumulating zone than retest the resistance again.