It's a great buy opportunity in ETHUSDT @ethereum Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1454.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSDT Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 1564.5
TP2= @ 1647.5
TP3= @ 1715.0
TP4= @ 1803.0
TP5= @ 1944.5
TP6= @ 2039.0
SL= Break below S2
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