First of all, next week marks Trump's inauguration, which could create increased market volatility, making trading risky.
Currently, the market is in a range between 3100 and 3550, and there’s a good chance we might see 3550 in the near future. After that, there’s potential to reach 3740. However, the 3450-3550 zone is a trouble area that could push the price back down to test the 3300-3100 range. If this happens, it could present a good trading opportunity.
Looking further ahead, there’s a solid chance that prices could move above 4000, but the picture will likely become clearer after January 20th.
Currently, the market is in a range between 3100 and 3550, and there’s a good chance we might see 3550 in the near future. After that, there’s potential to reach 3740. However, the 3450-3550 zone is a trouble area that could push the price back down to test the 3300-3100 range. If this happens, it could present a good trading opportunity.
Looking further ahead, there’s a solid chance that prices could move above 4000, but the picture will likely become clearer after January 20th.
Note
Note
for long day candle must close above 3230, otherwise skipTrade closed manually
It seems that we can see correction in next days. I am out for few daysNote
Everything you need is on the chart. Eth is very weak
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.