Hello Followers I am going to publish technical setup of ETHUSD , So share your opinion in comments about my analysis.
ETHUSD is working on a major support area now, it can respect this support and should go for bullish now. According to me ETHUSD can fly from this support 2630/2570 and should go to the identified targets. The targets area at the resistance levels. If ETHUSD break the support then there is pivot point around 2400 and then fly again to the targets..
KEY POINTS:
CURRENT PRICE 2610
SUPPORT AREA 2630/2570
PIVOT POINT 2400
TARGETS:
1ST TARGET 2800
2ND TARGET 3000
3RD TARGET 3200
STOP LEVEL 2300
ETHUSD is working on a major support area now, it can respect this support and should go for bullish now. According to me ETHUSD can fly from this support 2630/2570 and should go to the identified targets. The targets area at the resistance levels. If ETHUSD break the support then there is pivot point around 2400 and then fly again to the targets..
KEY POINTS:
CURRENT PRICE 2610
SUPPORT AREA 2630/2570
PIVOT POINT 2400
TARGETS:
1ST TARGET 2800
2ND TARGET 3000
3RD TARGET 3200
STOP LEVEL 2300
Trade closed manually
ETHUSD has successfully reached the first target. now lets close this setup manually..
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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.
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.