🔥ETHEREUM RETURN TO THIS KEY LEVEL AGAIN: $1200 SOON?
🔥Hi friends! Seems like the bull market is already here. This feeling is the most dangerous for traders, especially for newbies.
Friends, I prepared for you new trading plan for the biggest altcoin. Hope the price will hold the $1350 key level and the price continue to grow. But this level has already become the resistance and the price of ETH fall by -15% after its testing.
📊 TRADING PLAN FOR ETH:
1. pullback to $1300-1310 level
2. impulse above $1350 to collect the sl
3. false breakout will be the MAIN trigger to open a short
🚩 I think the impulse will be related to the CPI (consumer inflation) data which be released on Thursday. Now the price growth on the parabolic curve and it is "unhealthy" for the price.
✅ THE MAIN TARGETS FOR ETH:
🔥 $1245-1265 - the closest value area
🔥 $1210-1225 - the biggest value area and support
Traders, be careful in the upcoming few days. Lots of events will cause increased volatility. Lower your risks, wait for your A+ setups and stay tuned to get more profitable ideas.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Friends, I prepared for you new trading plan for the biggest altcoin. Hope the price will hold the $1350 key level and the price continue to grow. But this level has already become the resistance and the price of ETH fall by -15% after its testing.
📊 TRADING PLAN FOR ETH:
1. pullback to $1300-1310 level
2. impulse above $1350 to collect the sl
3. false breakout will be the MAIN trigger to open a short
🚩 I think the impulse will be related to the CPI (consumer inflation) data which be released on Thursday. Now the price growth on the parabolic curve and it is "unhealthy" for the price.
✅ THE MAIN TARGETS FOR ETH:
🔥 $1245-1265 - the closest value area
🔥 $1210-1225 - the biggest value area and support
Traders, be careful in the upcoming few days. Lots of events will cause increased volatility. Lower your risks, wait for your A+ setups and stay tuned to get more profitable ideas.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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.