ETHFI / TetherUSUpdated ETHFI is still bearish
By the data we now have on the chart and the time that has passed, the structure becomes clearer
From where we put the red arrow on the chart, it looks like the ETHFI correction has started.
The degree of correction pattern seems to be large.
We have a SWAP supply range, if the price reaches this range, we will look for sell/short positions.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
From where we put the red arrow on the chart, it looks like the ETHFI correction has started.
The degree of correction pattern seems to be large.
We have a SWAP supply range, if the price reaches this range, we will look for sell/short positions.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
It didn't exactly reach our supply range, but our view on the ETHFI was correct and the wave structure we intended was formed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.