It's bouncing off the resistance zone. So, we should sell it by keeping stop loss just above the resistance zone. Entry price 1.47450 SL 1.48099
ETHUSD is following the bullish pattern of the Dow theory and is making higher highs and lows. The ascending trendline is also acting as a support and it will probably go bullish from here.
We can see a symmetrical triangle on the Ethereum chart, which indicates a continuation of the bullish trend.
The gold shows a bullish pattern and it will probably increase from here according to the Dow theory. Entry price 1727.660 Stop loss 1712.554 TP1 1742.895
Harmonic Patterns: According to my analysis of the Bat pattern, USDJPY will go down to reach the level of 132.50.
Gold shows resistance on the 1739.9 level and will probably go down.
Fibonacci Retracement There is a reversal of the bullish trend at the level of 0.5.
According to my analysis, the price of Ethereum against the USD is in a range right now, and as soon as it gets out of the range, it will go either bullish or bearish. So, I have opened three trades (within range, sell stop, and buy stop). And put stop losses a little above near the nearest support and resistance.