it's been a while since my last update but there was nothing really new about market but recently we can see some relief in coming days regarding DXY and crypto charts.
ETH merge happened but with no immediate response in chart. but overall ltf chart looks good after a complete 78% retracement. 1250$ for ETH was last range high (created after flash dump) and been untapped since then. now price touched it and made a bullish Div. in RSI that make me expect some bunce here. DXY still got some room for coming weeks to hit channel top and react so this bounce will be a short term relief. 1400$ is a key broken support that will most possibly test for S/R flip.
Please DYOR before entering any trade as this idea is my own opinion and not a financial advise.
🛒 Pair:
ETHUSDT
🛒
== SPOT==
⏰ 1401/06/31 ⏰
🕰 22/09/2022 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
#94
🛒 Buy : 1250-1275 🛒
👉Sell Targets👈
🎯TP1: 1295 🥉
🎯TP2: 1325 🥈
🎯TP3: 1350 🥇
🎯TP4: 1375 🚁
🎯TP5: 1400 ✈️
🎯TP6: 1450 🚀
🎯TP7: 1500 🛸
🎯TP8: 1535 ✨
⛔️ SL: 1169 by closing H4 below
ETH merge happened but with no immediate response in chart. but overall ltf chart looks good after a complete 78% retracement. 1250$ for ETH was last range high (created after flash dump) and been untapped since then. now price touched it and made a bullish Div. in RSI that make me expect some bunce here. DXY still got some room for coming weeks to hit channel top and react so this bounce will be a short term relief. 1400$ is a key broken support that will most possibly test for S/R flip.
Please DYOR before entering any trade as this idea is my own opinion and not a financial advise.
🛒 Pair:
ETHUSDT
🛒 == SPOT==
⏰ 1401/06/31 ⏰
🕰 22/09/2022 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
#94
🛒 Buy : 1250-1275 🛒
👉Sell Targets👈
🎯TP1: 1295 🥉
🎯TP2: 1325 🥈
🎯TP3: 1350 🥇
🎯TP4: 1375 🚁
🎯TP5: 1400 ✈️
🎯TP6: 1450 🚀
🎯TP7: 1500 🛸
🎯TP8: 1535 ✨
⛔️ SL: 1169 by closing H4 below
Comment:
Price hit 1350$ our 3rd TP. better to take profit and move SL to TP1. this looks ranging for now that can lead to accumulation/ distribution. my idea based on DXY condition is we see higher prices and this will turn into an accumulation phase.
Comment:
All done!