Hey Traders, in today's trading session we are monitoring ETHUSDT for a buying opportunity around 1620 zone, Ethereum was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1620 support and resistance zone. Trade safe, Joe.
ARV since listing it's just in correction mode and is way oversold with longterm bullish divergence. It managed to bounce out of 1st falling channel and is now in 2nd falling channel with less steep decline thus slowly working on rounded bottom pattern. We have seen similar pattern also on OM before it bounced and pushed up like crazy. Not calling for OM move but test of ATH range seem logical at this point.
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