Hello all. As I predicted earlier, Etherium is now heading towards the $3650-$3700 levels where I see the best entry positions for Etherium.
This levels sit exactly on the ascending support line and I have been calling this levels in my previous charts. Check them out in the link below.
Today's drop below $4100 level was a confirmation that we will see etherium revisiting the $3600-$3700 levels. Etherium went below the green rectangular box and the VPVR point of control zone, a very key support. Currently this key support changed its role and become a new area of short-term resistance.
$3600-$3700 level is also the bottom of the descending channel which is indicated in orange color. In the link below you will also see that this buy level corresponds with the fib gold level.
Don't miss this trade.
Thanks for reading, and stay tuned. Enjoy, and Happy Thanksgiving.
Find all of my previous Etherium analysis here: tradingview.com/u/EdgarTigranyan/
This levels sit exactly on the ascending support line and I have been calling this levels in my previous charts. Check them out in the link below.
Today's drop below $4100 level was a confirmation that we will see etherium revisiting the $3600-$3700 levels. Etherium went below the green rectangular box and the VPVR point of control zone, a very key support. Currently this key support changed its role and become a new area of short-term resistance.
$3600-$3700 level is also the bottom of the descending channel which is indicated in orange color. In the link below you will also see that this buy level corresponds with the fib gold level.
Don't miss this trade.
Thanks for reading, and stay tuned. Enjoy, and Happy Thanksgiving.
Find all of my previous Etherium analysis here: tradingview.com/u/EdgarTigranyan/
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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.