$ETH | Buy Trade | Market Exec |
Technical Confluences:
- Price action bounced off the 150% Fibo Extension & 61% Fibo Retracement
- Price action is at an Interest Zone area
Fundamental Confluences:
- Nothing much happening in the Crypto space at the moment and it will follow general market sentiment
- The main mover for Crypto space now will be on the FED interest rate cuts which cheapens cost of money and the US election
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Will be entering an entry here for
ETH & target the $3,244 levels.
Will cut the position if it breaks the $2047 levels and will buy again if it's close to the support trendline and the Demand Zone.
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- Price action bounced off the 150% Fibo Extension & 61% Fibo Retracement
- Price action is at an Interest Zone area
Fundamental Confluences:
- Nothing much happening in the Crypto space at the moment and it will follow general market sentiment
- The main mover for Crypto space now will be on the FED interest rate cuts which cheapens cost of money and the US election
-----
Will be entering an entry here for
ETH & target the $3,244 levels.Will cut the position if it breaks the $2047 levels and will buy again if it's close to the support trendline and the Demand Zone.
-----
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Disclaimer
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.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Disclaimer
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.