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
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
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
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
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Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
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 ⚔️
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.