eth momentum divergence !

Jan 19, 2022

ETH with recent high of 3411 created a triple top and we can see this high can act as new strong resistance following it the coin has corrected and currently trading at 3090 to 3180 zone

which is also the trend based fib extension at 1.786 at 1.618 which is also so called golden levels
*we can noticed there is a divergence between momentum indicated through MACD histogram

if the levels of 3185 is broken we can get the target of 3300, with the stop loss of 3150

Trade based on proper risk management
Happy Trading ...!!!

Jan 20, 2022

Trade active

just wait for the close of the candle on our given level of entry

Jan 22, 2022

Trade closed: stop reached