ETHEREUM Starting Pullback

in #ethereum8 years ago

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Ethereum is starting its pullback. We have seen overbought conditions on all charts up to the 4-hr so a pullback is likely. Bear volumes have been coming in more than bull volume, so buying will take a break for a little bit.

I currently have a limit buy at the $538 level which is where the resistance was on the cup and handle pattern. I think it's likely we could see a pullback to this level over the next couple days.

The rest of the cryptos are looking like they're pulling back as well, so we will see correlation.

Hope you all have a great weekend!

Happy trading!

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Agree...we need a bit of a pull from the past run...agree on your target
good post!

Thanks! Hopefully I'll fill my order, bounce off support and go back up :)

Good job and nice your project.thank you for sharing boss

much appreciated! have a great weekend! :D

Excellent, and agreed. I am not quite ready for blastoff yet.

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