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Volatility during FED meeting on Ethereum / Bitcoin? 0 replies

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Ethereum Trading

ETH has broken below its trading range and is now headed towards $1740

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ETH having a super bad day and headed to test $1740. IF that is broken, a test of 1369 would not be ruled out.

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ETH immediate resistance is at 1906 which is likely to hold and a down movement should resume

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ETH has moved past 1906 and now the short term resistance is at 2020. Above that there is another minor resistance at 2086 and then the major one comes in around 2200-2230

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ETH has again dipped and the focus on the support around 1710-40 has grown. That should hold, however if it breaks, much sharper fall may follow:

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Quoting swagtrading
ETH has again dipped and the focus on the support around 1710-40 has grown. That should hold, however if it breaks, much sharper fall may follow: {image}
Thank you for sharing your charts

Do you expect it to go to 1.9k before it drops? I would like to short it, but I guess it will have one more leg up before it goes south.
Shift happens...
Quoting blackgeorge
{quote} Thank you for sharing your charts Do you expect it to go to 1.9k before it drops? I would like to short it, but I guess it will have one more leg up before it goes south.
Yes. Looking at hourly chart, there is a possibility of 1.9K before it drops again. The resistance on Hourly is 1853

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ETH once agaon sits on its critical support near $1710-40. A break below this would target $1369

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ETH continues to hang on, helped by support of 1710-40

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ETH is currently stable with 1926 acting as resistance and 1710-40 as support. A downward break from range is more likely.

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Yet another indicisive day for ETH will support of 1710-40 still holding.

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ETH being belted comes as no surprise. Now headed towards 1350 odd levels.

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ETH has broken all supports and the next line of defense for bulls is Feb-2021 low of $1271

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ETH has broken below $1200 also and looks now set to go to 3 digits. However its super deeply oversold now in the short term, so a sharp pullback (20%-30%) would not be a surprise. The pullback is now likely to face resistance near 1710-40

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ETH has fallen again and now is super close to getting into 3 digits!

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ETH had a nice rally, but is again falling for last few hours. I think this dip should be used to buy for a further corrective rally upwards towards $1740, with stops at new lows!
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ETH has taken some sort of temporary support just above 1000 and now resistance is near $1250

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I was too early to call for a bounce back. ETH has smashed thru its lows and is currently trading in triple digits!

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ETH broke into 3 digits but has bounced back since and now made a strong resistance at 1250 which is unlikely to be crossed easily:

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ETH looks to have finished its corrective rally upwards and is dipping again to test its prior lows.

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