Wait for structure to develop in ethereum and you can go long/short depending on BO/BD
Hello Friends, ETHUSDT is bearish in short term however the same is bullish on long term weekly/monthly charts. Its currently buying on dips. Next buying should be around 1380 Range. So keep watching.
This is not an investment advise!!! Head and shoulders pattern formation on ethereum on a Daily timeframe Target should be around 3400 levels. * I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public. If you guys find anything wrong with this post, you can tell me about that in comments. Have a nice day!😄
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (2000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1731.90). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD 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. ....
Ethereum Overview Ethereum(ETH) has suffered about 94+% correction(drop) since the all the time high-level point($1425) reached in January’18. One key point to note that its following similar trend/pattern to Bitcoin of upward and downward movement in the market. Let's analyze price action for Ethereum (ETH/USD) over the long term and proceed to highlight any...