ForecastCity

💡Don't miss the great buy opportunity in ETHUSD @ethereum

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Midterm forecast:

While the price is above the support 1705.700, resumption of uptrend is expected.
We make sure when the resistance at 2910.700 breaks.
If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to resistance(s) 2035.000, 2178.000, 2346.350 and maximum to Major Resistance (2910.700) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 48.

Take Profits:

TP1= @2178.000
TP2= @2346.350
TP3= @2544.450
TP4= @2910.700
TP5= @3500.000
TP6= @4000.000
TP7= @4367.500
TP8= FREE

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ForecastCity English Support Team ❤️
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Comments

I appreciate your help. Keep posting.
+1 Reply
ForecastCity AR_kooshani
@AR_kooshani, You're very welcome! We hope you enjoy it.
Reply
Professional work. Keep it up
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Thanks for your comment 💎🙏💎 We appreciate it.
Reply
very nice 🆗 Sir 👌
Reply