CheetahTrader420

CheetahTrader420

ETH 1D chart is showing a strong overall bearish movement and could possibly form a Gartley or Butterfly or H&S. All of them shows the market could take a wrong turn and bears will defeat bulls in coming weeks. From the patterns, one of the possibility is that ETH can retest its bullish strength to fight bears at 770ish resistance. IF fails then boom and it...

CheetahTrader420

ETHEUR with current momentum is going to reach the next resistance soon. RSI at 1D chart is at 50.87 which is a sign of uptrend. Bears are trying to push the market down but the bulls are more active this weekend keeping the positive trend up. Most probably, within next week, ETH is going to touch the next resistance at 38.2% Fib which is arround 845ish Euro area...

CheetahTrader420 Updated 

ETH is still struggling to breakout the resistance level on daily chart but it is going to make it soon as we can see that MACD 12 is about to cross 26 and RSI is also showing uptrend. First resistance is at about 755ish area which ETH reached few days ago but couldn't make it and the support level is 660ish. Support is looking strong, it has touched it few time...