Sideways movement for the past two weeks. What is the next move ? Are going on the upside or downside ?
As long as there will be rejection on 2800 ~ 2850 range (redline) we will move on sideways.
Unless there will be a swing low on 2000 level this might trigger further movement on the downside or this will become a demand zone.
Let us always wait for the market to point where it is heading.
ETHUSDT
As long as there will be rejection on 2800 ~ 2850 range (redline) we will move on sideways.
Unless there will be a swing low on 2000 level this might trigger further movement on the downside or this will become a demand zone.
Let us always wait for the market to point where it is heading.
Trade active
Possible Short Position AT 2600-2650 range.STOP LOSS : 2820
TP 1 : 2420
TP 2 : 2305
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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.