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ForecastCity_EU
May 6, 2020 3:02 PM

Don't miss the great buy opportunity in ETHUSD Long

Ethereum / U.S. dollarBitstamp

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (202.17). 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 50.

Take Profits:
TP1= @ 224.50
TP2= @ 245.00
TP3= @ 286.80

SL= Break below S2
Comments
Pro_Trader_007
Thanks a lot!!!!!!!!!!!!!!
Mehmetozdemi
Thank You for sharing!
DenizKilicDeniz
Nice idea
Mesutkashmar
Great work!
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