ETHUSDT.3S trade ideas
#eth scalp zone 1 hr TF with sup. & resis#ETH moved as said, price corrected in short-term as triangle pattern below below. Price took a bounce from the major support level of $3248 and now trying to break through the strong resistance zone. 4H TF candles are closed above but from strong bullish sentiment, we need to see a daily candle closing above.
#eth scalp zone with sup. & resis 4 hr TF#ETH broken above the one of the major resistance zone of $2834. Also, price broke the down resistance line and #ETH hodling above, which is bullish. Price reached its minor resistance area $3048. If price breaks and close above $3050 mark then a continuation is expected till next strong resistance around $3243.
Trail your stoploss, if you taken entry on my call
💡Don't miss the great buy opportunity in ETHUSD @ethereum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2605.85).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58
Take Profits:
TP1= @ 2772.03
TP2= @ 2909.77
TP3= @ 3038.09
TP4= @ 3197.67
TP5= @ 3396.61
SL= Break below S2
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