hi guys. now that ripple swell and bch hardfork is done, you guys should look for Etheruem main net dec 4th.
price broke above the resistance lines, and price from 185~188dollar is buy area. target is around 210 dollars, 200ma. red box is stop zone, daily close below 182dollars, which is 50ma.
now eth has finally pushed above 100ma daily in 4months!
after the fall from july, it got rejected from 100ma 5times in a row, and finally on the 6th try it managed to
close above this level yesterday. now with pullback to daily cloud support, we can open long.
in the chart, red line is 100ma, orange is 50ma, and blue is 200ma.
since eth has good event in december early, it would start to make move in mid~late november.
i expect growth to 200ma daily, little short maybe, pullback to 100ma again, and start the rise above 200ma.
for that matter, 50ma and 100ma needs to golden cross in coming days. which does not seem impossible, but
maybe btc can do something wrong though.
chart itself is bullish vs btc currently, but we have to make sure of stoploss because btc looks cautious at
this time.
goal of growth before the event is around 250dollars, which is weekly baseline resistance.
regards,
price broke above the resistance lines, and price from 185~188dollar is buy area. target is around 210 dollars, 200ma. red box is stop zone, daily close below 182dollars, which is 50ma.
now eth has finally pushed above 100ma daily in 4months!
after the fall from july, it got rejected from 100ma 5times in a row, and finally on the 6th try it managed to
close above this level yesterday. now with pullback to daily cloud support, we can open long.
in the chart, red line is 100ma, orange is 50ma, and blue is 200ma.
since eth has good event in december early, it would start to make move in mid~late november.
i expect growth to 200ma daily, little short maybe, pullback to 100ma again, and start the rise above 200ma.
for that matter, 50ma and 100ma needs to golden cross in coming days. which does not seem impossible, but
maybe btc can do something wrong though.
chart itself is bullish vs btc currently, but we have to make sure of stoploss because btc looks cautious at
this time.
goal of growth before the event is around 250dollars, which is weekly baseline resistance.
regards,