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ForecastCity
Jan 20, 2020 12:13 PM

Don't miss the great buy opportunity in Ethereum Long

Ethereum / U.S. dollarBitstamp

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.65). 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 61.

Take Profits:
TP1= @ 178.75
TP2= @ 200.40
TP3= @ 235.45

SL= Break below S2
Comments
fxniki
I agree with your idea and it's such a great buy opportunity in Ethereum.
ForecastCity
@fxniki, Thanks for sharing your point of view about this post.
Forecast_Crypto
Thanks for the tip! And the chart of course ;-)
ForecastCity
@Forecast_Crypto, You got it.
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