GetRekt_
The price bounced off the turquoise support 3 times, but always came back quickly into the zone.
We have a trend line which has been tested serveral times now. The price will probably move to the the turquoise zone and maybe the price will also touch the trend line once again. From there the price should move towards the blue zone.
I expect, that the trendline will get broken, because of the U-form. Furthermore, the price made a higher low. EDIT: We are also in an uptrend on the H4 timeframe, I forgot to write that.
Bounced off a zone + Price action confirmation SL under last price bounce TP in the next zone
Trend line on M30 chart retested Daily Zone tested and bounce off Big green candle as confirmation on M30
We can see a declining triangle on the daily chart. There is also a strong support zone, which has been tested times. I expect the price to pull back again into the the support zone. From there it will break the triangle. If the triangle gets broken to the upside, I expect seeing a strong long term trend. When the triangle gets broken to the downside I expect...
The Price found support in the blue zone, the M30 trendline which points north The price found also support on the H4 trendline, which is pointing south We can also see on the last turning point candles with wicks TP is in the next zone
The price opened in the hourly support zone, got back to the daily resistance zone and rejected it 2 times. On the daily chart we can also see a inverted hammer candlestick and small candles near/in the zone.
The price broke out a few times out of the daily resistance, but always came back again. The H4 trend channel was broken. The price also made 2 equal highs and the third one was a lower high then the previous one. We can also see now, that the price not only made a lower high, but also a lower low. TP is located i the lower H4 zone. SL is above the last big spike.
Last June we have seen Ethereum testing the green zone. Since then the price has pulled back to the 61.8% fibo, where we also have a strong support line. On the weekly chart we have a perfect support (at $166) line which has acted as support and resitance. The price has bounced off it once again. If the price pulls back again into the upper blue zone we...
The price broke the 4H resistance zone, retested it once and bounced off. On the 15M timeframe we can see the price making higher highs and higher lows. TP is in the Daily resistance zone.
The weekly resistance Zone has been rejected. We can also see a a red candle on the daily chart with a big spike, which rejected the Zone once again. SL will be above the spike of the candle mentioned before and TP will be at 40€, which is located in the lower zone.
We are now in a zone which has been tested in August and September 2018. Back then a double bottom has been formed and the price rallyed. We can also see on the 4H timeframe a falling triangle. A strong green candle that breaks out of the H4 triangle and a strong green one that closes above $0.27 on the daily will give us the buy signal. SL will be at $0.24423....