Just like Bitcoin, ETH is also strong.
It broke 2 resistance areas since 48 hours ago and we're still on profit.
Now it just crossed another resistance and is pulling back. here is the difference between ETH and BTC: ETH already passed the resistance. meaning that if it manages to close a 4H candle above that area it's a confirmed bullish sign for today!
If you're into opening long position, wait for the price to get back at support / resistance or close a candle above that area and then open your positions.
Close those positions once the price reaches the resistance area or at least sell some of it and hold the rest for the next resistance.
The price still have room to go up even if it wants to form another bearish pattern . let's use it!
Current Market Price: $2315
Good Luck
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It broke 2 resistance areas since 48 hours ago and we're still on profit.
Now it just crossed another resistance and is pulling back. here is the difference between ETH and BTC: ETH already passed the resistance. meaning that if it manages to close a 4H candle above that area it's a confirmed bullish sign for today!
If you're into opening long position, wait for the price to get back at support / resistance or close a candle above that area and then open your positions.
Close those positions once the price reaches the resistance area or at least sell some of it and hold the rest for the next resistance.
The price still have room to go up even if it wants to form another bearish pattern . let's use it!
Current Market Price: $2315
Good Luck
Tell me your ideas. Like and Share!
Follow for more updates.
