This is my first chart - here are my thoughts on ether. What do you think?
I have been watching ETH form a triangle pattern for the last few days. It Finally reached the apex and headed lower. Looking back, I see two possible levels of support, $235 and $200. Small double bottom off of 235 today, now headed lower again. If it breaks 235, look for a new low near 200.
I have been watching ETH form a triangle pattern for the last few days. It Finally reached the apex and headed lower. Looking back, I see two possible levels of support, $235 and $200. Small double bottom off of 235 today, now headed lower again. If it breaks 235, look for a new low near 200.
Trade active:
So after testing the 235 support twice, Eth has broken through the support and is making a strong move down, waiting to see if we hit 200!
Every Sunday afternoon, I run my Algos (Currently on Version 2.3) on the last 120 days of FX data and generate 3 to 5 ignition levels that I use for my trading over the next week. Get them here: ignitionfx.substack.com/