AzizKhanZamani

ETHUSDT Daily S/R| Price Action| Trend| Trade

לונג
BINANCE:ETHUSDT   Ethereum / TetherUS
Evening Traders,

Today’s analysis – ETHUSDT – trading at a key support that has been respected on multiple attempts,

Points to consider,
- Price Actin Corrective
- Daily S/R Support
- Daily S/R Resistance
- Low Volume
- Rotation

ETHUSDT’s immediate price action is trading at a key support that allows for a bullish bias.

The current objective is the swing high, exceeding this level will increase the probability of a trend continuation.

The current volume is below average, an influx is highly imminent when an impulsive move comes – rotation to the highs.

Overall, in my opinion, ETHUSD is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

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