ETHUSDT - Rebound from resistance. Interest in 1900
ETHUSDT fell again after retesting the resistance level of the trading range. The market is bearish, with sellers keeping the altcoin below 2100-2000.The market structure is bearish. The retest of resistance forms a false breakout, which provokes momentum. At the moment of momentum formation, a price imbalance area of 2030 - 2040 is formed. Without reaching the key support level of 1900, the market reverses, leaving support as a point of interest to which it may still return. But before that, we observe a correction of that very area of imbalance.
Technically, the market has entered a phase of liquidity hunting. The liquidity zone is 2030-2040. A short squeeze could trigger a decline under pressure from the global trend. Target 1900-1840
Resistance levels: 2036, 2103
Support levels: 1901, 1838
A retest of resistance and the formation of a false breakout could shift the local imbalance towards sellers, which in turn could lead to a fall to the support of the current range.
Best regards, R. Linda!
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Trade fechado: objetivo atingido
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
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🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicações relacionadas
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.