ETHUSD: Opportunity to Sell?

in #cryptocurrency7 years ago

ethusd2.jpg

Hi Steemians!!!

As you can see in the chart the pair is still descending the channel.
Recently we have a spike up towards USD 480. It seems is trying to test the upper border of the channel for then going down. Buying now is risky.

To finally going up needs to break the upper border and then find support.

Long trades would be profitable below USD 300.

THIS IS NOT AN INVESTMENT ADVICE.

Sort:  

Followed✅ Upvoted✅ Resteemed✅

Please Follow https://steemit.com/@a-0-0

Wonderful post ..thanks for sharing...Best of luck friend ✫

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by germanbel from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.037
BTC 97089.33
ETH 3426.60
USDT 1.00
SBD 2.95