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ForecastCity
May 30, 2020 5:50 PM

There is a possibility for the beginning of an uptrend in ETHUSDΒ Long

Ether / United States DollarCoinbase

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (217.11). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHUSD 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 68.

Take Profits:
TP1= @ 247.07
TP2= @ 286.99
TP3= @ 362.78

SL= Break below S2
Comments
fxniki
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Thanks a lot πŸ™
ForecastCity
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@fxniki, You're welcome. we hope you enjoy it. πŸŒΈπŸ™πŸŒΈ
shafieej
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Thanks for idea ....very nice
ForecastCity
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@shafieej, You're welcome. we hope you enjoy it. πŸ’ŽπŸ™πŸ’Ž
Jasmeenkaur
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Good idea
ForecastCity
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@Jasmeenkaur, Thanks πŸ’ŽπŸ™πŸ’Ž
Aimee_Apex
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Love the analysis :)
caxr30
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ForecastCity
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@caxr30, πŸ™
ForecastCity
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@Aimee_Apex, Thanks πŸŒΈπŸ™πŸŒΈ
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