Ethereum again tests the strong support of the $ 460, which is not good. ETH has already touched this price several times and we will observe how it behaves at this time.
Despite being a support, and important, I do not consider buying momentum, because we need to see where it goes. The candle is bulky and the volume rose, selling force prevailing.
I’ll keep you updated.
Obs.: Do not take any material or analysis in this blog as a recommendation. It's just my opinion and this is not a financial advice.
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Good post
Agree we may see another down before a return
Keep it up!
If ETH break this support things can get more difficult. I hope a recovery to give new opportunity to buyers.
Thanks for the comment, @hawtescc
I agree, Ethereum needs to hold support at 450-460, and for this to happen Bitcoin needs to stay above 7500 (log support line). Followed you since I just did an Ethereum TA update today as well!
$460 can be a good buyer option if you are an agressive investor and do not want to wait a confirmation of a recovery.
If you are not, I recommend patience.
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