Interesting close for BITMEX:ETHUSD. Above strong weekly resistance (flipped support) but below daily resistance at $312 zone.
Won't be blindly long here, better wait for the further movement to decide about direction. Today the US stock market opening and it could change the situation.
I would definitely not want to see a close below $285 (red dashed line), it would mean the continuation of mid-term bear trend.
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Information is just for educational purposes, never financial advice. Always do your own research.
Won't be blindly long here, better wait for the further movement to decide about direction. Today the US stock market opening and it could change the situation.
I would definitely not want to see a close below $285 (red dashed line), it would mean the continuation of mid-term bear trend.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
