Hello fellow wanderers. I will be taking a look at ETH.
- Ether did a bull run and retraced to around 0.077 and bounced on the trendline + horizontal support (resistance turned support)
- Chilling around 0.08 - 0.085 right now.
- Daily closed above the support of the previous bull run which is bullish. Daily close above 0.618 fib would be even more bullish.
- Low volume which gives me some doubts. Need more volume for a more reliable signal.
- MACD showing some signs of reversal.
- Ether did a bull run and retraced to around 0.077 and bounced on the trendline + horizontal support (resistance turned support)
- Chilling around 0.08 - 0.085 right now.
- Daily closed above the support of the previous bull run which is bullish. Daily close above 0.618 fib would be even more bullish.
- Low volume which gives me some doubts. Need more volume for a more reliable signal.
- MACD showing some signs of reversal.
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