#ETH $ETH approaching ascending support

24 ביולי 2019

Ether approaching ascending support line. Trend line has acted as support since late 2018. The 100 day SMA currently acting as resistance. I am going to bet on ascending support holding strong. If it breaks and closes below then it will likely act as resistance, and we will have to reassess a new support zone.

25 ביולי 2019

הערה

Trend line support was not tested we got a nice bounce into the 220's