Etherium Update: Trendline Broken
30 minutes ago Etherium broke through the trend-line I marked in my earlier post.
The price may now fall into the buy area I said to watch for a reversal.
Currently it's in a weak buy area I forgot to mark in previous post. We could see a small rise to take place from this area but I think ultimately it will end up being broken and we'll see the price fall into the area below.
As always, the price will tell us what it's going to do.
30 minutes ago Etherium broke through the trend-line I marked in my earlier post.
The price may now fall into the buy area I said to watch for a reversal.
Currently it's in a weak buy area I forgot to mark in previous post. We could see a small rise to take place from this area but I think ultimately it will end up being broken and we'll see the price fall into the area below.
As always, the price will tell us what it's going to do.
I have some questions teacher!!!
1- How do you define de buyarea and sellarea? Is it from the last point the price made a rise/drop?
2- How do you define a strong buyarea and a weak buyarea? Is it from the power Of the last rise or because the trendline break ?