EthereumLong
Possible Bullish Scenarios on ETHEREUM (ETH/USD)
4H CHART EXPLANATION:
At this moment price is facing a support zone (previous resistance zone) that holded the price many times before breaking upwards. So, it is a nice reversal point for Ethereum, and to place a long trade it would be safe to wait for a price action confirmation such a candlestich pattern.
In case this level can not hold the price correctly, we expect another downside movement towards the lower Support Zone at 230-240 and a bounce from there.
MULTI TIMEFRAME VISION:
-Daily:
-Weekly:
At this moment price is facing a support zone (previous resistance zone) that holded the price many times before breaking upwards. So, it is a nice reversal point for Ethereum, and to place a long trade it would be safe to wait for a price action confirmation such a candlestich pattern.
In case this level can not hold the price correctly, we expect another downside movement towards the lower Support Zone at 230-240 and a bounce from there.
MULTI TIMEFRAME VISION:
-Daily:
-Weekly:
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.