YET....ALMOST (SO CLOSE)
Decided to zoom in (smaller timeframe) 15min. Almost Perfect long position if you believe ETH will break through lower support level and ultimately break this BS downtrend. Thank god.
& its ALMOST PERFECT because PRICE HAVE TO be STRONG to break through EMA200 (great Wall of china) to proceed that breakout to upper support level on 4hr scale.
***I change my support and resistance lines colors as I change my time frames because on ANY scale. I'm BUYING at resistance and selling at SUPPORT. ( Unless me and the trend are best friends ) Though buying and selling at S+P is rule (Risk management) . Riding with the trend is much more profitable, wait until the trend breaks to take profits unless you're trading in range.
& its ALMOST PERFECT because PRICE HAVE TO be STRONG to break through EMA200 (great Wall of china) to proceed that breakout to upper support level on 4hr scale.
***I change my support and resistance lines colors as I change my time frames because on ANY scale. I'm BUYING at resistance and selling at SUPPORT. ( Unless me and the trend are best friends ) Though buying and selling at S+P is rule (Risk management) . Riding with the trend is much more profitable, wait until the trend breaks to take profits unless you're trading in range.
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