Hello everyone, welcome to this quick update.
#ETH could retrace as shown in the chart to the $183.45 to 183.70 Level which is the best level to long with a SL around $178.85.
Observe the chart.
You might think why don't we short from her? Well guys I don't consider shorting when ,market is ranging to the upside. In a positive rally we long the dips, right?
50D MA is currently at $183.85
200D MA currently at $177.
Also to keep in mind Moving averages are important support and Resistance Levels. Observe the Green and Red dots in the chart to know better.
TARGET? ----- Expecting #ETH to break $200 level soon.
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