ETHUSDT is buy entry price: 2620 stop loss: 2595 profit booking: 2700 (1st target) , 2768(2nd target)
As per chart. SL will be trailed DD advised
Similarly to BTC, ETH is probably forming a horizontal triangle, in fact, a huge one whose targets are astronomical, ~$4000 if it breaks to the upside, $1240 if it breaks to the downside. The upper resistance matches another important level, the EMA ribbon, which ETH is right now battling against, therefore, if ETH were to break to the upside, we would technically...
ETH has recently tested the long term support, and has formed a higher low. Volumes are drying up which seems like the selling pressure is over. Can give a bounce back from here. Disclaimer: This is just my personal view. Please do your own research before trading.
As I said ETHUSDT have done with profit. Just take a look at what my setup was. More to go.
ETH is going on a down trend to the position where the demand zone is. As of my analysis every coin is going towards down. Here is my analysis on ETH.
Current Short-Term to Medium-Term Bullish Setup for #ETH #TeamAZ
ETH Reversal level $1556, Strong Support Level, BUY AREA NEXT SUPPORT LEVEL $1450, $1284
We can expect the price to hit the lower support line again for a long trade This market is still bullish. we can see future consolidation within prices 3250-3750.
Head and shoulder pattern now retesting One can sell for 2750 targets
In the current downtrend market, shorting is a good decision to take. with the confirmation of bearish flag pattern and fib levels, this is my short trade setup . - always use do money management . - For long term investors this is a great opportunity for buying as the prices are low.