ETH ANALYSIS (BULL RUN BOOMING)
ETH ANALYSIS:
ETH is seeing exponential gains, and the train does not seem to want to stop. The volume and buyers are matching up with price increase, and no decrease in sign yet. The main targets here are T1 at 266.10, Target 2 at 281.40, and lastly Target 3 at 298.50. ETH has the opportunity to outrun BTC at the moment, and is doing so well. 50 MA is looking to cross the 200MA creating an even further bull run if this happens. RSI and Stoch are extremely oversold, but buyers are not backing off. This is a positive sign. Any retrace should be bought back quickly. Look for main targets, move stop loss up as we hit targets! Cheers
Possible Entries: 253-258
ETH is seeing exponential gains, and the train does not seem to want to stop. The volume and buyers are matching up with price increase, and no decrease in sign yet. The main targets here are T1 at 266.10, Target 2 at 281.40, and lastly Target 3 at 298.50. ETH has the opportunity to outrun BTC at the moment, and is doing so well. 50 MA is looking to cross the 200MA creating an even further bull run if this happens. RSI and Stoch are extremely oversold, but buyers are not backing off. This is a positive sign. Any retrace should be bought back quickly. Look for main targets, move stop loss up as we hit targets! Cheers
Possible Entries: 253-258
Trade closed: target reached
WIN! BNB/USDT SHORT Hit Target 1!
+5.18% Profit!
Trade closed: target reached
WIN!ETH/USD Hit Target 2!
+11.23% Profit!
(I made a typo above)
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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.