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ForecastCity
Apr 16, 2020 2:10 PM

Don't miss the great buy opportunity in ETHBTC Long

Ethereum / BitcoinBitfinex

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.02335). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.

Take Profits:
TP1= @ 0.02470
TP2= @ 0.02590
TP3= @ 0.02767

SL= Break below S2
Comments
Pro_Trader_007
Thanks
ForecastCity
@Pro_Trader_007, You're welcome.
fxniki
I liked your view for ETHBTC.
ForecastCity
@fxniki, We're happy you liked it.
tusharbakshi
@fxniki, do you believe in it?
sara-kian-fx
Good analysis as usual
ForecastCity
@sara-kian, Thanks. we appreciate your support.
Forecast_Crypto
Thank You for sharing!
ForecastCity
@Forecast_Crypto, You're welcome. we hope you enjoy it.
Forecast_Crypto
Thoughtful analysis, well done!
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