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ForecastCity
May 20, 2020 11:17 PM

Don't miss the great buy opportunity in ETHBTCΒ Long

Ethereum / BitcoinBitfinex

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0215). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 63.

Take Profits:
TP1= @ 0.0226
TP2= @ 0.0236
TP3= @ 0.0246

SL= Break below S2
Comments
vasantgarje
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Thanks
ForecastCity
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@vasantgarje, You're welcome!πŸ™ we hope you enjoy it.
Kamryn
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Good analysis as usual
ForecastCity
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@Kamryn, πŸ™
ForecastCity
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@Kamryn, πŸ‘
Kristalyn
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Nice idea
ForecastCity
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@Kristalyn, πŸ‘Œ
ForecastCity
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@Kristalyn, πŸ‘Œ
DRSK1993
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I hope you mean that you expect this move after correction only, right? It seems that cryptos sell-off now, this will continue IMHO.
ForecastCity
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@sergeykozik1993, That's rightπŸ‘
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