Evening Traders,
Today’s analysis – ETHUSDT – trading above a key support where further upside is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Low Volume
- Daily S/R Resistance objective
ETHUSD’s immediate price action is trading at a key Daily S/R Support, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent on the next move is price action is impulsive.
The upper Daily S/R is the current objective, exceeding this level increases the probability of a trend continuation.
Overall, in my opinion, ETHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.”
― Yvan Byeajee
Today’s analysis – ETHUSDT – trading above a key support where further upside is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Low Volume
- Daily S/R Resistance objective
ETHUSD’s immediate price action is trading at a key Daily S/R Support, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent on the next move is price action is impulsive.
The upper Daily S/R is the current objective, exceeding this level increases the probability of a trend continuation.
Overall, in my opinion, ETHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.”
― Yvan Byeajee
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Claim $1000 Deposit Bonus 🎁
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.