$ETH Updates and analysis
One month cycle going to complete, Showing full strength ,ETH is continuing it's bull run. Gaining
almost 1% up from the last 24hours.Trading in a parallel channel pattern in 4 hour's chart heading for a new high near the daily resistance.Lets discuss what Will be the possible levels of ETH for today and upcoming days.
Resistance :
1960.46(immediate resistance)
2107.69(Major Resistance, above this level ETH will fly .And profit booking may takes place at this levl so chances is there there may be a small pullback from this lvl)
Support:
1722.90(immediate support)
1683.00(Critical support,Below this lvl ETH may decline further to the bottom lvl of bull run)
Buying range ( Both for short term trader and medium term traders)
1750- 1800(accumulation zone)
Stoploss :
1722.12(for short term traders) and 1683.08(for medium term traders)
Investors:
Accumulate around 1700 to 1800
Stoploss :
1683.08 or 1537.26
Suggest manage risk according to your risk taking capacity.
Trend :positive
strategy : buy on dips
Sentiment : positive(Hope this will helpđ).