ETH major resistance is 4040$ if BTC stays stable then ETH can break its major resistance very soon you can take long position from the long zone area.
#happytrading.................
ETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top ...
Results a long opportunity above.
Confirmation:-
*Only If 4hr candle closes above 200Ema.
Entry - 2290$ to 3310$
Profit - 2350$, 2400$, 2450$, 2500$, 2600$.
Stop loss- 2275$.
#MMO
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top...
Hello guys
If you missed previous rally, here is the second change:
- Wait for the breakout above 2150
- Put your Stop Loss below the breakout candle
- Trail with the Trailing Stop loss.
Happy Trading
BINANCE
