🎯ETH: will the growth continue after this?

12 ביולי 2022

Top altcoin (ETH) make a false breakouts to trap the traders. Good for us we understand it and can a make the profit trades using volume indicator in combination with trendline breakout strategy. More details in the discription.

📊Also check the idea which i publidhed a week ago. As i mentioned the price reach first target and make pullback, because this value area is still the resistance for the ETH price.

📈I marked 2 key levels:
$1268 - resistance
$998 - support

💹After the false breakout of resistance level the price made a pullback for -20% and now also make a pullback for -15% and continue it`s fall.

Now we can expect the same manipulation with support level which is also important $1000 level. The false breakout of this level with growth of volume will be the best preconditions for the upcoming growth. We have to wait for the squeeze to the trendline to open a trade.

🚩The targets:
$1268 - key level (+20%)
$1500 - key level (+44%)

🏁Traders, check the links and watch free videos if you want to know more about trendline breakout strategy: how to trade it, how to identify manipulations to open a trade with the whales and set right sl and tp.

💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.