yourChartBro

Looks like a cup and candle.

BITSTAMP:ETHUSD   以太坊 / 美元
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hi guys.

here is my first analysis, It is just an idea so be sure to bear that in mind :).
交易進行: If this pattern continues, the resistance retest could take place at 21:00.
if it brakes, the bulls will take the lead and push it to the $1200 resistance. if it does not break, then the bears may take a nasty dip to the $1000 support and maybe even $750.
評論: the pattern was broken. we will see a 1000 suppuort retest soon.
交易進行: It looks like the 1000 support holds for now. It seems to be a very strong support. The price should shoot up now.
評論: Ether is testing its 1080 resistance line now. If it passes, we will see a small rocket being launched. If not, we will retest 1000.
交易進行: The 1000 resistance broke. This means that the price of ether will continue to plummet for a while. Next step $750.
評論: The 1000 resistance holded quite well. now its time to aim for the 1300. good luck all.
評論: Macd is to high, a little correction is necessary.
評論: We are aiming for the $1100. today will be a bearish day.
Thanks
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yourChartBro haroonnasrat
@haroonnasrat, You're welcome.
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