Ethereum: Bullish Market Is Good for Buying
The market looks bullish and much more interesting than BTCUSD. The price is going to bounce from SMA50. It will give us a bullish signal in the direction of the main uptrend. If you need additional signals for buying, you should wait for a breakout above 400$ resistance and the local downtrend line. It will give us a solid bullish signal and a good opportunity for buying. Stop orders for all long trades must be placed below SMA50 and the local swing low. The main profit target should be at 500$ resistance.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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