BINANCE:ETHUSDT The previous analysis of price behavior toward the 1936 area (red rectangle) went well. The price is in the critical area. If the price meets support in the one-hour candle, it can touch the area of 1975-1984 again. But if the price does not close above the red rectangle of the one-hour candle, it is likely to go down to the 1883 area. The...
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...
BINANCE:ETHUSDT Fast trading position: The price can go up to 1986 due to its strong candlestick two hours earlier. (Stop-loss at 1919) But if it goes down to the red rectangle again and the candlestick body closes in that range, it is expected to push the price trend below 1920.
BINANCE:ETHUSDT Due to the price collision with the channel , it is likely that the price will rise to the range of 2018 to 2036. (If you enter a long position at this point or at the red line , you can set your stop-loss at 1921, this is a medium risk trade) If the price could not keep the channel range, it will probably go down to the 1937. somewhere in the...
BINANCE:ETHUSDT In one hour time frame, according to the trading volume of the previous candlesticks and the candlestick colliding with the level of 2089, Ethereum can reach a level below 2000, after breaking the trend line.
BINANCE:ETHUSDT The previous idea about the Ethereum's long position deal worked well. Our entry point was mentioned at the specified level in the previous post. If you have already opened this deal, you can close it now or place your stop-loss higher to make it risk-free.
Most of the time there is a good entry level below the level of the broken channel The main thing is to be able to find that level and enter it after confirmation Although the broken channel has already given us another good selling deal