After long time, cause COVID-19 and many new lifestyle problems, I'm really miss you. today i come back and look at the ETH charts:
NOTICE:
This chart need to rest and give time for new wave. some element shows that eth want to rest but in this situation due to corona virus and bloody chart, lots of traders are greedy. So, they fell in love with recent eth activity. they forgotten. you know and will notice at this price or higher:
1. Eth touched 0.5 fibo resistance. it need to powerful break up to continue bullish wave not 2 or 3 number more than now.
2. We can see a divergence in weekly volume. probably, powerful break up need to huge amount of eth.
3. we faced with divergence on volume of daily active address & social volume with price. on Feb 2020, they showed same condition. Covid-19 changed correction to bearish wave.
I find out 3 support as location that eth need to faced but personally i think price 158-159 is more important than other.
NOTICE:
This chart need to rest and give time for new wave. some element shows that eth want to rest but in this situation due to corona virus and bloody chart, lots of traders are greedy. So, they fell in love with recent eth activity. they forgotten. you know and will notice at this price or higher:
1. Eth touched 0.5 fibo resistance. it need to powerful break up to continue bullish wave not 2 or 3 number more than now.
2. We can see a divergence in weekly volume. probably, powerful break up need to huge amount of eth.
3. we faced with divergence on volume of daily active address & social volume with price. on Feb 2020, they showed same condition. Covid-19 changed correction to bearish wave.
I find out 3 support as location that eth need to faced but personally i think price 158-159 is more important than other.
Trade active:
Eth was continuing in powerful long trend but at the first step, it reached to 1 support to correct