Ethereum - BIG players make traps, but we know what to do. 🤯
Updated
Ethereum rose 40% from its bottom in just one week.
The price broke the local top at $2,400, but it was a false break, after which the price corrected by 11%. The trendline formation is now clearly visible on the chart, Ethereum is approaching the local top again, at the same time we see traps, we can assume that the big players are trying to take out the sellers before going down.
If Ethereum makes a quick jump up, renews the local high, an additional good signal would be increased volume and then a false breakout, this would be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
The price broke the local top at $2,400, but it was a false break, after which the price corrected by 11%. The trendline formation is now clearly visible on the chart, Ethereum is approaching the local top again, at the same time we see traps, we can assume that the big players are trying to take out the sellers before going down.
If Ethereum makes a quick jump up, renews the local high, an additional good signal would be increased volume and then a false breakout, this would be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Note
✅#Ethereum, Triangle break out pattern. 2 scenarios.Watch full update 👉
#analysis #forecast #ETH
Trade closed: target reached
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.