Happy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe.
So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this...
It seem to me there are differences when you use Candle Sticks and Line to make assessment of the trending.
Line precision could show you hidden agenda of the movement while Candle Stick is more of dynamic form.
When ETH closed lower than 0.786 at the end of the week or Monday. This is not good for those who bought ATH . Best for newcomers to buy in.
Pada saya,...
The upward movement failed to reach resistance 3 hence price will try and retest support line. If price passed support line then ETH is now entering downtrend .
There's possible uptrend still if price passed Resistance 3, that will be another buying opportunity.
