💡Don't miss the great buy opportunity in ETHUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (367.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. ETHUSDT is in a range bound and the beginning of uptrend is expected.
. The price is...
ETH USDT pair is at retest support Zone Soon it will break the descending resisitance
My Buy zone - Near Retest level (239- 236)
sell target 1 - 246
sell target 2 - 256
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This is my personal opinion and observation. it is not financial advice.
There are 2 strong resistance. Fibonacci retracement level of the trend lines intersect points..
And we have two pattern for rising.. first one harmonic shark pattern of supported head & shoulders.
Daily time frame price hovering up over the POC. price walking through in an upside parallel channel cpm is over the trend line.
Rsi bottom up, price hloding 38.2 fib level.
Reason: Not to be bullish or bearish always. your life is your choice.
to the downside and price currently holding to retracement below the upward parallel channel. any moment price moving 185 and lows then huge crash ahead 50% to price at 150.
1. Rsi making higher lowe with divergence
2. Price structure broke to downside of the upward parallel channel
3. Holding pullback level 189.80
ETH is following ascending channel since its last fall to 86 dollars, On 30th April it tried to break out upward channel resistance but unable sustain the movement and thereafter it is moving downward with slight resistance of trend line that is depicted with green color. The white lines are Fibonacci retrenchment level 0.5,0.61,0.786 that represents 187, 211, 245...
Prices have fallen below the 230 level support level,
The fall is likely to continue in the short term.
Near the support level consider going long again.
Feel free to contact me if you have any questions!
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------------------------- 2019.07.15 in