Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌on Daily: Left Chart
ETH is currently bullish trading inside the red rising broadening wedge pattern; and the next main resistance would be around 2000 and/or upper red trendline.
📉 Hence, as ETH approaches the 2000 zone, we will be expecting the bears to take over for a medium-term correction.
📌on H4: Right Chart
For now, we will remain bullish as long as ETH doesn't break a previous major low.
The current last major low is around 1700
📉 If we break below 1700 expect a bearish correction to start till around 1500 - 1550 support / demand.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📌on Daily: Left Chart
ETH is currently bullish trading inside the red rising broadening wedge pattern; and the next main resistance would be around 2000 and/or upper red trendline.
📉 Hence, as ETH approaches the 2000 zone, we will be expecting the bears to take over for a medium-term correction.
📌on H4: Right Chart
For now, we will remain bullish as long as ETH doesn't break a previous major low.
The current last major low is around 1700
📉 If we break below 1700 expect a bearish correction to start till around 1500 - 1550 support / demand.
Which scenario do you think is more likely to happen first? 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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
📊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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.