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|ETHUSD Trading Update by Famoosky(m): 9:20am On Mar 01|
ETHUSD is obviously :
retracing its impulsive movement
finding a level of acceptance.
Blockchain traders can cheer at the bull acceptance @ 0.618 fib level and be optimistic for a new high.
However, it would pay the CFD traders to patiently wait for :
Observable buying structures
Test of 1200,1050 or 900 USD support level.
|Re: ETHUSD Trading Update by Famoosky(m): 10:00am On Mar 04|
The pair dip didn’t come as a surprise.
If you’ve been following this pair update here, you will understand the situation better.
At this moment, buyers are able to secure a visible and feasible trading structure for the next level.
A trendline break can of course help the coin price shoot higher.
Gains are expected to be taken at 1700 - 1750 USD.
Since the third swing points are not always reliable, a spike can push the coin price to approx. 1900 USD.
**Sentiment: Bullish **
Decision rule: Buy now or wait for a trendline break. If you must give up on unexpected drawbacks, let it be around 1428 USD
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