Inner Perspective
On the Daily chart ETH has seen three touches on the inner upward Trend line depicted below:
Also note that some traders will look for a trend line like this, I tend to advise wicks as I like where price action has gone. However good to note what others are looking at for an insight of dominance:
Area of Interest
Moving into the weekend I’m looking at P action to:
& also beware of the ATH trend line coming down from the highs:
Considering bitcoins dominance and current price action it (BTC) will make a move prior to the ALTS
📈Support & Resistance📉*
Support Levels
1st Support Zone: 180.52
2nd Support Zone: 162.33
3rd Support Zone: 141.43
Resistance Levels:
1st Resistance Zone: 227.45
2nd Resistance Zone: 269.83
3rd Resistance Zone: 289.38
Price Level Consideration
ATH: 1597.08
All Time High Half Way Point: 798.53
Previous High: 290.14
Previous Low: 89.57
🐃 Bulls Verse Bears 🐻
🐃 Bullish above: 363.29
🐻 Bearish below: 115.22
Monthly & Weekly Opens
Monthly Open: 206.25
Weekly Open: 203.27
On the Daily chart ETH has seen three touches on the inner upward Trend line depicted below:
Also note that some traders will look for a trend line like this, I tend to advise wicks as I like where price action has gone. However good to note what others are looking at for an insight of dominance:
Area of Interest
Moving into the weekend I’m looking at P action to:
& also beware of the ATH trend line coming down from the highs:
Considering bitcoins dominance and current price action it (BTC) will make a move prior to the ALTS
📈Support & Resistance📉*
Support Levels
1st Support Zone: 180.52
2nd Support Zone: 162.33
3rd Support Zone: 141.43
Resistance Levels:
1st Resistance Zone: 227.45
2nd Resistance Zone: 269.83
3rd Resistance Zone: 289.38
Price Level Consideration
ATH: 1597.08
All Time High Half Way Point: 798.53
Previous High: 290.14
Previous Low: 89.57
🐃 Bulls Verse Bears 🐻
🐃 Bullish above: 363.29
🐻 Bearish below: 115.22
Monthly & Weekly Opens
Monthly Open: 206.25
Weekly Open: 203.27
