Ethereum 1h
Updated
The price reached the previously specified target.
According to the one-hour candlestick, if the price can keep in the upper range of 1986, it can rise to the range of 2018-2036.
But if the one-hour candlestick closes below the 1986 level, the price is likely to fall back to the 1936 range in a head-and-shoulder pattern.
It is likely that the price will tend to go down more, but still this one hour candle can be decisive.
According to the one-hour candlestick, if the price can keep in the upper range of 1986, it can rise to the range of 2018-2036.
But if the one-hour candlestick closes below the 1986 level, the price is likely to fall back to the 1936 range in a head-and-shoulder pattern.
It is likely that the price will tend to go down more, but still this one hour candle can be decisive.
- The best stop-loss for short position is the tip range of the head and shoulder pattern (range 2025)
The best stop-loss for long position is the 1955 range
Trade closed: target reached
The price reached 1936.Price is trying to touch the 1936 area and close the one-hour candle in that area.
🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
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.