ETHBULLUSDT trade ideas
💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1059.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/TetherUS ETHUSDT 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 65.
Take Profits:
TP1= @ 1190.0
TP2= @ 1262.2
TP3= @ 1335.4
TP4= @ 1440.6
TP5= @ 1500.0
SL= Break below S2
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💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (740.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum/TetherUS ETHUSDT 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 70.
Take Profits:
TP1= @ 788.0
TP2= @ 811.0
TP3= @ 842.0
TP4= @ 887.0
TP5= @ 962.0
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 ❤️
ETHUSDT I see ETH moving in a range within a parabolic resistance (just like the one which BTC had broken in NOV month) and 100D MA.
ETH was rejected by this parabola everytime in May, August and now in Dec also it's getting rejected.
100D MA has been supporting price everytime during corrections.
PS: BTC dominance and price both are high and increasing.
