Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DAILY: Left Chart
After breaking below the 1820 support, ETH traded lower in an aggressive manner to finally find support around 1650.
H4: Right Chart
ETH is now stuck inside a range.
📈 For the bulls to take over again, and reject the daily support, we need an H4 momentum candle close above the last high in green around 1705
📉 In parallel, if the red low is broken downward, expect further bearish movement till the around the 1500 support to fill the wick!
For now, we wait ⏱
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DAILY: Left Chart
After breaking below the 1820 support, ETH traded lower in an aggressive manner to finally find support around 1650.
H4: Right Chart
ETH is now stuck inside a range.
📈 For the bulls to take over again, and reject the daily support, we need an H4 momentum candle close above the last high in green around 1705
📉 In parallel, if the red low is broken downward, expect further bearish movement till the around the 1500 support to fill the wick!
For now, we wait ⏱
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。