TradingView
ForecastCity_EU
May 30, 2020 5:49 PM

There is a possibility for the beginning of an uptrend in ETHUSD Long

Ether / United States DollarCoinbase

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (217.11). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.

Take Profits:
TP1= @ 247.07
TP2= @ 286.99
TP3= @ 362.78

SL= Break below S2

Comment

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Comments
kanzi2011
👍
bimanphysics1
it goes to 247 and goes down to 196
Mesutkashmar
Thanks
Kristalyn
Looks good
Kamryn
Thanks
DenizKilicDeniz
nice chart and Analysis
sara-kian-fx
Going nice. Keep it up
Mehmetozdemi
Great analysis buddy
Shiva_forex
nice chart and Analysis
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