ForecastCity

Excellent Long-Term Hunting Opportunity in ETHUSD, Don't miss it

Long
ForecastCity Updated   
COINBASE:ETHUSD   Ethereum
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (864.535 to 731.100), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

.Beginning of entry zone (864.535)
.Ending of entry zone (731.100)

Take Profit:
TP1= @1012.050
TP2= @Free

Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 75.
.Current short-term is uptrend and continuation of uptrend is expected.
Trade active:
New Trading suggestion:
There is possibility of temporary retracement to suggested support zone (1000.000 to 838.000), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

.Beginning of entry zone (1000.000)
.Ending of entry zone (838.000)

Take Profit:
TP1= @1280.650
TP2= @1415.950
TP3= @Free

Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 53.
.Current short-term is uptrend and continuation of uptrend is expected.


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