we have perfect setup for bearish at previous analysis, right now, support almost reach. trading plan is simple, buy right now or wait at support around $1,944 and set target at triangle resistance. I will monitoring and update this analysis if I found some key level. don't forget to support,
If you have any question, do not hesitate to contact me Your support at this analysis will also support ETHUSD to reach bullish target Click here to check my other analysis
Trade active
great bullish at 5minutes timeframe :)
Trade active
first resistance broken
Trade active
Mornin all, I fall asleep lastnight with strong resistance at $2020, right now, we have another channel down rsistance at $1971 I will try to enter short with scalping style, my target at fibonacci support $1916
Note
5 minutes timeframe, zoom out
Trade active
at 5 minutes timeframe, strong channel up broken, time to close half position
Note
Channel down broken up and create double channel, but previous lower high cannot reach, and this double channel broken again time to close another 50% of long position, and wait for new bullish entry
Note
5 minutes timeframe : ETH try to break previous LH at $2,007 if this line broken, bUllish continue to reach our target, and there is no other bearish sign.
But if it failed, HL at $1991 become bearish key level. I will update this analysis if $1991 broken down.
Trade closed: target reached
this analysis close, target reach perfectly. thanks for your support, i will update with a new analysis after i found a new pattern
Note
ETHUSD 5 minutes chart this is for daytrade, after reach our previous target at Ethereum, bullish still in play. we can see that 5 minutes time frame, we have channel up. $2028.48 are our bearish confirmation level. If this level broken, I will update new analysis with bearish wave. thanks, don't forget to support my idea, its already 1.38 A.M, I will continue with another great analysis tomorrow. See u, Bye
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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.