ETHUSDT
ETHUSDT is a falling phoenix.As we can see, since the beginning of 2021, ETHUSDT has been moving in an upward channel. In early May, the price broke through the ascending channel and rose to the level of $ 4350, and starting from May 12, the price falls. It is possible that the price may go down to the top of the channel and rebound from it, but most likely the price will return to the channel.
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💡Don't miss the great buy opportunity in ETHUSDTrading 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.
. The RSI is at 52.
Take Profits:
TP1= @ 2080
TP2= @ 2145
TP3= @ 2199
TP4= @ 2270
TP5= @ 2340
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSDTrading 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.
. The RSI is at 73.
Take Profits:
TP1= @ 1863.30
TP2= @ 1946.45
TP3= @ 2040. 40
TP4= @ 2217.00
TP5= @ 2375.50
SL= Break below S2
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. . . . . Please show your support back,
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It's a great buy opportunity in ETHUSDT @ethereum Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1454.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSDT Ethereum 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 70.
Take Profits:
TP1= @ 1564.5
TP2= @ 1647.5
TP3= @ 1715.0
TP4= @ 1803.0
TP5= @ 1944.5
TP6= @ 2039.0
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
ETHUSDT(Support line breakout)ETHUSD (4H CHART) Technical Analysis
Support Breakout
ETH/USDT currently trading at $1442
Short Entry-level: $1470 - 1430
Stop loss: above $1670
Target 1: $1200
Target 2: $1045
Target 3: $915
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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💡 Don't miss the great buy opportunity in ETH/USD @ethereumTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1916.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/TetherUS 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.
. The RSI is at 52.
Take Profits:
TP1= @ 2030.0
TP2= @ 2111.0
TP3= @ 2200.0
TP4= @ 2300.0
TP5= @ 2396.5
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️