CryptoAST ETH USD USD UPDATE
We have been stating to long ETH from 175$ to 270$ since January. I also warned that ceilings would form at 270$ to take us back down to 118$.
We will give you an update of the market, per usual once again.
- ETH currently trading at 228$, whereby before that we tried a short from 235$ to 210$ but we hadn’t closed trade in profit and instead our stop loss at entry was hit. We expect price to depreciate to 222$. None the less on the daily, we have hit the resistance trend line of the symmetrical triangle. To add to this on the daily, we are between SMA support with price action between these two MA’s. EMA at 200$ near supporting end of the symmetrical triangle.
- Even more so, once we zoom into 4 hourly chart, we can see that there is increased possibility that we may see price spikes to 245$ before bearish activity to 200$ and even more so to 175$.
- If we break 175$ whereby we see major buy walls there, then there will be a flash crash to 133$ and 118$ respectively.
- We will continue to update you on this situation and give real time calls.
CHECK OUT OUR TELEGRAM CHANNEL DOWN BELOW FOR TIMELY UPDATES AND EXACT ENTRIES!
We have been stating to long ETH from 175$ to 270$ since January. I also warned that ceilings would form at 270$ to take us back down to 118$.
We will give you an update of the market, per usual once again.
- ETH currently trading at 228$, whereby before that we tried a short from 235$ to 210$ but we hadn’t closed trade in profit and instead our stop loss at entry was hit. We expect price to depreciate to 222$. None the less on the daily, we have hit the resistance trend line of the symmetrical triangle. To add to this on the daily, we are between SMA support with price action between these two MA’s. EMA at 200$ near supporting end of the symmetrical triangle.
- Even more so, once we zoom into 4 hourly chart, we can see that there is increased possibility that we may see price spikes to 245$ before bearish activity to 200$ and even more so to 175$.
- If we break 175$ whereby we see major buy walls there, then there will be a flash crash to 133$ and 118$ respectively.
- We will continue to update you on this situation and give real time calls.
CHECK OUT OUR TELEGRAM CHANNEL DOWN BELOW FOR TIMELY UPDATES AND EXACT ENTRIES!
