ETH bounce or pivot point
Ethereum for now has put in a fake breakdown of major trend line support and pivoted to the upside.
Question is , is this just a bounce or do we see upside and a break of the trend line resistance (red line)
Need to see continuation through R1 3400 zone which implies a move up to 4000 zone.
I recently took profits from longs and looking to re enter if price can break this heavy resistance zone above.
Question is , is this just a bounce or do we see upside and a break of the trend line resistance (red line)
Need to see continuation through R1 3400 zone which implies a move up to 4000 zone.
I recently took profits from longs and looking to re enter if price can break this heavy resistance zone above.
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