Trading suggestion:
(1) There is a possibility of temporary retracement to suggested support line (1477).
(2) if so, can set orders based on Price Action and expect to reach short-term targets
Technical analysis:
. ETHUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day EMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits: 1784.00
SL= S2 1394
(1) There is a possibility of temporary retracement to suggested support line (1477).
(2) if so, can set orders based on Price Action and expect to reach short-term targets
Technical analysis:
. ETHUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day EMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits: 1784.00
SL= S2 1394
Trade closed: target reached
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.
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.