ETHUSD next move catch before it fallow
1- RSI: bearish already approaching to break 50 so there is no upside movement confirm down breakout
2- VOLUME: is also bearish going low and low so there is no upside movement confirm down breakout
3- On up side movement we get to 2 strong resistance at level 141, 145. eth is not able to break the first resistance in 4 attempts
4- The big brother BTC is bearish as well which will soon 2400 price level and draw the eth to 60usd level expected low is 1800usd on btc which will lead eth to 40-50usd
my take:
Entry: 138 usd
Stop loss: 143 usd
Take profit: 1st 118, 2nd 110, 3rd 98, 4th 78, 5th 64 final 50 TP
if trade hit SL 143 i will open another with same setup entry 145usd stop lose 149usd and TP would be same
2- VOLUME: is also bearish going low and low so there is no upside movement confirm down breakout
3- On up side movement we get to 2 strong resistance at level 141, 145. eth is not able to break the first resistance in 4 attempts
4- The big brother BTC is bearish as well which will soon 2400 price level and draw the eth to 60usd level expected low is 1800usd on btc which will lead eth to 40-50usd
my take:
Entry: 138 usd
Stop loss: 143 usd
Take profit: 1st 118, 2nd 110, 3rd 98, 4th 78, 5th 64 final 50 TP
if trade hit SL 143 i will open another with same setup entry 145usd stop lose 149usd and TP would be same
הערה
50 day moving average is brook on 4 hr time farm sooner we will see sharp droop to 134usd level if brook smoothly we will see 128usd level.lets see how we close next 4hr candle
הערה
we are in full bearish move as i posted 16 hrs back catch next move before chat fallow the idea ..... currently we are in 6% profitהערה
do not close your position the up movement just testing 50 day ema on 4hr chart candle once test a sharp droop will be happen in next 12hrs to 128usd level stay connected i will update the trade with time leave a like if you took the trade and made some profit
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.