Hello, following up our last post, ethusd broke the 1099 level.
The retrace started on 16 january is officially over since 2 days ago (27 january), aka since the break of the 1099 resistance level (blue circle).
As we can see, price already moved up +10% since that breakout, it is now technically bullish, and will stay so as long as market remain above 757 level, with a small eye to the 987 support level (we would incur in a double-dip if such level break, however as for now, market is technically bullish).
Take care!
The retrace started on 16 january is officially over since 2 days ago (27 january), aka since the break of the 1099 resistance level (blue circle).
As we can see, price already moved up +10% since that breakout, it is now technically bullish, and will stay so as long as market remain above 757 level, with a small eye to the 987 support level (we would incur in a double-dip if such level break, however as for now, market is technically bullish).
Take care!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.