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ForecastCity_ME
Nov 4, 2020 9:22 PM

💡Don't miss the great buy opportunity in ETHUSDT Long

Ethereum / TetherUSBinance

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (389.90). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHUSDT 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 63.

Take Profits:
TP1= @ 409.05
TP2= @ 420.80
TP3= @ 447.80
TP4= @ 486.40

SL= Break below S2

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Comments
Mehmetozdemi
Thank you. Nice & Impressive idea.
ForecastCity_ME
@Mehmetozdemi, Glad you found it impressive. Thanks for your support. :)
Mesutkashmar
So you expect an uptrend to begin. interesting ;)
ForecastCity_ME
@Mesutkashmar, Right, ETHUSDT is in a range bound and the beginning of uptrend is expected.
sara-kian-fx
Great analysis so far, keep it up!
ForecastCity_ME
@sara-kian-fx, . Thanks for your support
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