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ForecastCity_ME
Sep 24, 2020 5:52 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 (325.5). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.

Take Profits:
TP1= @ 355.00
TP2= @ 377.00
TP3= @ 394.00
TP4= @ 418.00
TP5= @ 489.00

SL= Break below S3

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Comments
myalltradeideas
I am glad I agree with you. And If ETH see $400, it will be going much much higher.
ForecastCity_ME
@myalltradeideas, Thanks for your feedback.
ForecastCity_ME
@myalltradeideas, All the best
sara-kian-fx
Very nice trade and setup!
ForecastCity_ME
@sara-kian-fx, Thank you
DenizKilicDeniz
Yes, I think I was wrong, I was expecting a sell trade.:)
ForecastCity_ME
@DenizKilicDeniz, ETHUSDT is in a range bound and the beginning of uptrend is expected.
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