ETH price action (PA) after bulltrap at 197.95 and ABC correction to 177.1 was farmed new wave. Price action above EMA 21,50,100,200 bullish sign. Hold above green support trend line. ETH was farmed ascending triangle pattern with strong reistance at 185.5$.
Volume don't confirm bullish price action. Potential target for ETH 185 and 193$. Very strong resistance at 196$.
Indicators: MACD crossover above zero line. RSI above 50 points. Bullish sign.
S/R: strong support at 177$. Resistance at 196$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Volume don't confirm bullish price action. Potential target for ETH 185 and 193$. Very strong resistance at 196$.
Indicators: MACD crossover above zero line. RSI above 50 points. Bullish sign.
S/R: strong support at 177$. Resistance at 196$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
