Long
ETHO price movement analysis
ETHO finds new support levels after a big price movement. This support level allows to move to 0.093 and hold there. There are several things that favor this movement. EWO downward peak, MACD wave increase and convergence point expected, Ichimoku cloud. Fib gives a view of this movement. There should be a little resistance to point 0.093. Based on that, I've made buy setup below:
Buy price: 0.0878 - 0.0863
Target price: 0.0932
Stop loss: 0.0850
Buy price: 0.0878 - 0.0863
Target price: 0.0932
Stop loss: 0.0850
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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.
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.