ETHUSD today analysis, 1909119. Fall sharply to around $190.
Hello my friends. It's Crypto Ranger K.
As expected last time, ETH prices are falling sharply. I don't think this is great. A sharp drop is just a reverse reaction to a sharp rise. In fact, this time I was surprised that the market power to buy was stronger than I thought. If you look at the 1day chart you see now, the purple line is the 200 day line. I thought the price would fall below this line. This is because I thought the bottom of the Ichimoku cloud and the 200-day line would act as resistance in a row. But the price went up differently than I expected. Nevertheless, the price increase is not penetrating the resistance indicated by the blue squares, and the candle is currently being made into a black body.
As expected last time, ETH prices are falling sharply. I don't think this is great. A sharp drop is just a reverse reaction to a sharp rise. In fact, this time I was surprised that the market power to buy was stronger than I thought. If you look at the 1day chart you see now, the purple line is the 200 day line. I thought the price would fall below this line. This is because I thought the bottom of the Ichimoku cloud and the 200-day line would act as resistance in a row. But the price went up differently than I expected. Nevertheless, the price increase is not penetrating the resistance indicated by the blue squares, and the candle is currently being made into a black body.
Comment:
Comment:
Even in my situation, my position is Long. As I said earlier, over the next two days, the candle will drop sharply to $ 190. And after the fall, I expect it to go up again and go through the blue resistance zone or at least rise to that point. This is what I mentioned earlier in the September 17 analysis.
Comment:
Comment:
Based on the 1week chart, Stochastic has already created Goden Cross, and the MACD seems to be on the verge of creating the Golden Cross. For this reason, I'm still weighing in on the rise. If you haven't bought one yet, we recommend buying at around $ 190. If you have already purchased, we recommend 'Hold'.
Comment:
My goal is still $ 220. But that's just the primary goal, and I think the flow could go up to $ 300. A clearer judgment will be when the price reaches $ 220 again.
So go well today and have a good day.
Thank you.
So go well today and have a good day.
Thank you.