Ethereum Finding Support in a Bullish Trend
https://www.tradingview.com/x/jQYCNqCx/
Hello Traders.... Always know your STOP, TARGET and ENTRY values before you jump into a trade. A good trade will always provide you with these values before you press the OK button. Ethereum has made a deep retracement to the traditional support level of Fib 23.6. There has been a bullish counter trend line break, giving us our values as STOP @ 205, TARGET @ 270 and ENTRY @ 214. Note that given a deep retracement to Fib 23.6, price will have enough energy to go and hit the Fib extension level of Fib 127.2 hence our profit target being 270. I hope this helps. Happy trading all the time.
Hello Traders.... Always know your STOP, TARGET and ENTRY values before you jump into a trade. A good trade will always provide you with these values before you press the OK button. Ethereum has made a deep retracement to the traditional support level of Fib 23.6. There has been a bullish counter trend line break, giving us our values as STOP @ 205, TARGET @ 270 and ENTRY @ 214. Note that given a deep retracement to Fib 23.6, price will have enough energy to go and hit the Fib extension level of Fib 127.2 hence our profit target being 270. I hope this helps. Happy trading all the time.
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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.