ETHUSD Continue Uptrend to 400
מעודכן
As posted before, there was a possibility for ETHUSD uptrend to 400. If we look at 1H Chart, it crosses EMA 20 and try to maintain upward. When the candle manage to hold its position above EMA 20, then there is an indication for bullish movement. As we can see on 1D Chart, it fails to break down the trendline support, and tends for reversal. Just like my previous opinion, it will go to the nearest target, which is Fib Expansion 28.3% = 400.
Let's see on the following candles whether it will support this idea or will go to the reverse way. Please don't forget to set your stop loss to be safe. If you like my idea, please click Like, Donate, and comment to encourage me posting more ideas.
Cheers.
Let's see on the following candles whether it will support this idea or will go to the reverse way. Please don't forget to set your stop loss to be safe. If you like my idea, please click Like, Donate, and comment to encourage me posting more ideas.
Cheers.
העסקה בוטלה באופן ידני
As mentioned in the previous article that it needs to maintain above EMA 20. Currently it cannot hold its position and revert to bearish again. So be aware that this analysis might not be valid anymore and there is big potential that the market would be bearish.Cheers.
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