ETH USDT : Pullback to 2350 2330 levels
Hey Guys, hope you are doing well.
Welcome to today's potential trade setup as a part of the "Aglogains - Daily Trade series".
As we have seen yesterday, after breaking the previous highs at 2340 - 2350 levels, there was an explosive move to the upside on ETH yesterday, reaching almost 2430 - 2450 levels.
We are waiting for the market to take a breather after this really and see some profit-taking and sell-off, looking for a pullback to 2350-2330 levels. This previous resistance should act as support for another upward movement.
My trade setup is possibly going to look for trading opportunities at this resistance turned support level takes advantage of this key resistance turned support level to look for trading opportunities.
Will keep you posted on the progress.
Welcome to today's potential trade setup as a part of the "Aglogains - Daily Trade series".
As we have seen yesterday, after breaking the previous highs at 2340 - 2350 levels, there was an explosive move to the upside on ETH yesterday, reaching almost 2430 - 2450 levels.
We are waiting for the market to take a breather after this really and see some profit-taking and sell-off, looking for a pullback to 2350-2330 levels. This previous resistance should act as support for another upward movement.
My trade setup is possibly going to look for trading opportunities at this resistance turned support level takes advantage of this key resistance turned support level to look for trading opportunities.
Will keep you posted on the progress.
Comment your thoughts and entry strategy!