ETH has shown a clear lack of positive impulse during the past few months. In this slightly up trend, we favored more upside action in the medium term. Short term, question is about the recent 146.50 low and its capability to provide a floor for a new leg up. A clean break above 16300 with a break of the purple bear channel would both be green flashes. Technical gives a BUY signal , with momentum hovering around the neutral zone.
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The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team
If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn