🔥 Ethereum Short-Term Bullish Channel
ETH has been on a run lately. A while ago I made a longer-term analysis, which is playing our great. See below for my longer-term view.
As of earlier today, bad CPI news caused a sell-off in the crypto space. ETH, however, found support on the lower channel trend line and is reversing as we speak. For short-term traders, this might be a good time to start playing the bounce. Be aware that a break below the channel could signal further downward pressure.
Target is the top trend line of the channel.
Happy trading!
As of earlier today, bad CPI news caused a sell-off in the crypto space. ETH, however, found support on the lower channel trend line and is reversing as we speak. For short-term traders, this might be a good time to start playing the bounce. Be aware that a break below the channel could signal further downward pressure.
Target is the top trend line of the channel.
Happy trading!
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✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.