ETHO price movement analysis

6 ส.ค. 2021

ETHO finds new support levels after a big price movement. This support level allows to move to 0.093 and hold there. There are several things that favor this movement. EWO downward peak, MACD wave increase and convergence point expected, Ichimoku cloud. Fib gives a view of this movement. There should be a little resistance to point 0.093. Based on that, I've made buy setup below:

Buy price: 0.0878 - 0.0863
Target price: 0.0932
Stop loss: 0.0850