Ethereum Can Recover And Move Up! Long

Description

⋅ Jun 8, 2022 12:06 PM

Ethereum (ETHUSD) is looking a bit differently than Bitcoin as its price is currently trading below EMA10.

It can surprise though as this is still above the 12- and 27-May support, a higher low.

We keep it simple...

Bullish above $1700.
It can go bearish below this level but any shakeout, squeeze or sudden move and we stay bullish for the weeks to come.

As a recovery is more likely now than before.

Namaste.

Comments

mastershark

⋅ Jun 9, 2022 1:12 PM

👍👍👍

RLinda

⋅ Jun 9, 2022 1:09 PM

Excellent. Thanks for sharing)

DeGRAM

⋅ Jun 9, 2022 10:09 AM

Thank you for sharing

UnknownUnicorn15614419

⋅ Jun 9, 2022 9:21 AM

Great work my friend!

Solldy

⋅ Jun 8, 2022 9:17 PM

I have seen a similar trade idea for this asset several times today. I don't think all the arguments will hold, but some moves will probably be reached. Not only that, but I think I'll skip the trade this time.

june21484

⋅ Jun 8, 2022 2:42 PM

Agreed…

maroff

⋅ Jun 8, 2022 2:32 PM

nope