Hello traders,
ETH made a really nice bully channel from 170 Dollar. we touched the 250 dollar target. this is a round number so it acts most times as support or resistance. I believe we are now in wave 4 before a small tiny wave 5 to 260's. then we meet the huge bear channel resistance. I will start to buy ETH again around 225-227 area. 0.5 FIB level. 225 was resistance before and hope now will act as support. Let's see if ETH wants to go a little higher.
Gl trading guys!
ETH made a really nice bully channel from 170 Dollar. we touched the 250 dollar target. this is a round number so it acts most times as support or resistance. I believe we are now in wave 4 before a small tiny wave 5 to 260's. then we meet the huge bear channel resistance. I will start to buy ETH again around 225-227 area. 0.5 FIB level. 225 was resistance before and hope now will act as support. Let's see if ETH wants to go a little higher.
Gl trading guys!