IamCryptoWolf

Reversal needs a higher low

IamCryptoWolf Güncellendi   
BITFINEX:ETHUSD   Ethereum
I'm expecting a last upward leg to 4hr MA100 will act as a resistance.

Retracement to .618 fib level before breaking the upper wedge
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As expected price has reached upper wedge resistance.

I'm expecting a .618 fib retracement from here.

Also look for support at daily MA100

these 2 will act as strong support giving us the higher low we are looking at for a reversal

Yorum:
Here starts the retracement. Will the bulls manage to avoid a new low?
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Levels to look at for support:
- daily MA100
- 61.8 fib retracement
- double bottom
Yorum:
Market confirms strong resistance.

Looking for support at above levels
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Market Bouncing from our first target: daily MA100 support
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This could be the higher low we were looking at

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.