ETH/USDT analysis, Head and Shoulder pattern formed
Ethereum fib support and resistance levels for short term trades.
r : R ratio is 1 : 2 Rest as per Charts
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (440.05). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . 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....
r : R ratio 1 : 2 Rest as per Charts
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (389.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . 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....