ETH Bouncing off the new Trendy Line
Updated
Looks like Eth has a new wider trend line and it's just in the process off bouncing off the bottom of it.
If it continues up over the next 4-12hrs i'd put in a buy if you want some.
If it keeps going down and the 20d lead crosses below the 23d lag over the next week I'll be out of all crypto until the lead peaks its head out again.
If it continues up over the next 4-12hrs i'd put in a buy if you want some.
If it keeps going down and the 20d lead crosses below the 23d lag over the next week I'll be out of all crypto until the lead peaks its head out again.
Trade active
There we go, we had a big bounce up of the new channel bottom support!
It'll be interesting to see what happens through the next two support/resistance lines
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.