AI
Saturday, July 06, 2019 9:42:55 PM
ETH EMA 34 Breakout Attempt
ETH attempting to break over the EMA 34, it has been restricted movement past that period for just over 3 weeks now.
ETH trended above the EMA34 for a long time previously going from 163 up to 370.
WEEKEND: Risky. Always mindful of a drop in volume and price throughout weekends. BTC has shown signs of slowing down but that could change over a weekend.
Wait for a clear break and EMA 34 acting as support. This zone is a tough one and has been rejected a few times already.
ETH attempting to break over the EMA 34, it has been restricted movement past that period for just over 3 weeks now.
ETH trended above the EMA34 for a long time previously going from 163 up to 370.
WEEKEND: Risky. Always mindful of a drop in volume and price throughout weekends. BTC has shown signs of slowing down but that could change over a weekend.
Wait for a clear break and EMA 34 acting as support. This zone is a tough one and has been rejected a few times already.
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