ETHUSD long signal
Hi traders, after few weeks of market correction, I can see a buying opportunity on ETHUSD now.
Price came all the way down to 800 level to test the 0.618 Fibonacci as well as the 50MA. It then went sideways for some time and created series of higher high candlesticks. EMAs crossing over and 2 strong bullish close indicates that ETH is ready to go much higher. My target for Ethereum will be around 1800-2000 by the end of February. I will wait for some pullback on H4 timeframe to execute the trade. More information about this pair will be updated. Thanks for your time !
Price came all the way down to 800 level to test the 0.618 Fibonacci as well as the 50MA. It then went sideways for some time and created series of higher high candlesticks. EMAs crossing over and 2 strong bullish close indicates that ETH is ready to go much higher. My target for Ethereum will be around 1800-2000 by the end of February. I will wait for some pullback on H4 timeframe to execute the trade. More information about this pair will be updated. Thanks for your time !
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.