InvestMate|ETH going for $1800?
ETH going for $1800?
Today we see a beautiful breakout on ethereum which from minimum to maximum is 14.25%.
As I wrote in a previous post there was a breakout from the support level we have been accumulating on since 19 September which lasted 36 days.
We also broke through the 50 moving average.
The next support resistance comes from the price levels at which the price has repeatedly bounced in 2021 from the top in 2022 from the bottom. This is also the fibo level of 0.236 measuring from ath to bottom.
The level is very likely.
On the 4H we see that the 50 moving average has crossed the 200 i.e. a golden cross has occurred which is a signal of a trend reversal.
Assuming we open positions now, without waiting for a smaller correction, the best place for a stop order is below the support zone at around $1350 and set a take profit at $1800.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Today we see a beautiful breakout on ethereum which from minimum to maximum is 14.25%.
As I wrote in a previous post there was a breakout from the support level we have been accumulating on since 19 September which lasted 36 days.
We also broke through the 50 moving average.
The next support resistance comes from the price levels at which the price has repeatedly bounced in 2021 from the top in 2022 from the bottom. This is also the fibo level of 0.236 measuring from ath to bottom.
The level is very likely.
On the 4H we see that the 50 moving average has crossed the 200 i.e. a golden cross has occurred which is a signal of a trend reversal.
Assuming we open positions now, without waiting for a smaller correction, the best place for a stop order is below the support zone at around $1350 and set a take profit at $1800.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Note
Beautiful continuation of growthTransaction en cours
The trend doesn't stop
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Publications connexes
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.