Ethereum / TetherUSמעודכן ETHUSDT wants the next demand zone?
ETHUSDT, On the 4-hour timeframe, the dynamic support level was breached, indicating a potential shift in market sentiment. Additionally, the market has found new liquidity below the daily support level situated at $1760.
Based on Plancton's rules, this break of the dynamic support and the subsequent grab of liquidity below the daily support level could signal a bearish trend in the market. Traders following Plancton's principles might consider opening a new short position if the market loses the support level.
In the event that the support is indeed broken, the next potential demand zone to monitor is around $1720. This level represents a zone where buying interest has previously been observed and could act as a support area once again.
–––––
Follow the Shrimp 🦐
Keep in mind.
Based on Plancton's rules, this break of the dynamic support and the subsequent grab of liquidity below the daily support level could signal a bearish trend in the market. Traders following Plancton's principles might consider opening a new short position if the market loses the support level.
In the event that the support is indeed broken, the next potential demand zone to monitor is around $1720. This level represents a zone where buying interest has previously been observed and could act as a support area once again.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
הערה
The price is testing the ascending channelהערה
The price is testing the key level as I told youהערה
Waiting for the next bearish impulse
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.