koryu

ethereum resistance to support?

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koryu 已更新   
COINBASE:ETHUSD   以太坊
The 3day chart for ethusd can help us to see the bigger picture.

Price has left the downtrend channel and established a base with resistance around 160$ which was broken and is now retested.

If the 160 level holds and forms a swing low we can be more confident and it should act as a launch pad. Otherwise it will look rekt again and should at least go to the red trendline.
評論:
looking good. volume is declining during the consolidation. support holding.

評論:
Support was tested again and holding.
It's about time for the next leg.
評論:
three possible targets

- 211$ apex of old sym triangle
- 289$ halfway breakout and old apex of smaller triangle
- 360$ old major support

評論:
hit target 1
交易結束:目標達成:
booked profits on leveraged positions, keeping spot

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