ETH Daily Resistance Test,Bulls Continuing To Benefit From The Positive Correlation!

in #reward7 years ago

ETH.jpg
Bulls continuing to benefit from the positive correlation to BTC 2.17% , and running after having the head start.
4 hour RSI levels are getting very high and every new leg up we see, the risk to reward of an entry favors the bulls less and less.
I personally would only be making quick flips on any entries at these levels.
We will be looking for healthy daily consolidation when the 4 hour higher lows are lost for the first time in over a week.
I personally would be scouting bearish positions at this point for a quick flip instead of bullish entries.
$600 psychological resistance will be a key test to watch for the rest of today.
Congrats bulls! Momentum and control.
Source

Sort:  

your ETH trading idea is very and i think your information work for me.

Ethereum will be go 3K+ after 2018this Year, this is my prediction, i hope it's do same

nice job man. you give us nice information. careon and give us news

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.039
BTC 95654.77
ETH 3579.91
USDT 1.00
SBD 3.84