Hey Traders!
Looking to keep up the analysis here on TV so make sure to give me a follow. Here is my daily view on ETHUSD Kraken. I dont believe we are out of the bear market just yet but I do believe we wont see the monthly or weekly support broken to the downside for some time. Maybe a few months. Looks like we are in a correction phase an Id expect us to drop back to the 120-115 zone before we make a move above 160-175. I'm expecting us to get back above 200 in the next few weeks. With that in mind ill short back down to 120 zone where ill start building a long position with 160-175 and 190-200 for my targets. Stay focused traders!
Twitter / YouTube / Twitch / IG : Bitmexbully
Looking to keep up the analysis here on TV so make sure to give me a follow. Here is my daily view on ETHUSD Kraken. I dont believe we are out of the bear market just yet but I do believe we wont see the monthly or weekly support broken to the downside for some time. Maybe a few months. Looks like we are in a correction phase an Id expect us to drop back to the 120-115 zone before we make a move above 160-175. I'm expecting us to get back above 200 in the next few weeks. With that in mind ill short back down to 120 zone where ill start building a long position with 160-175 and 190-200 for my targets. Stay focused traders!
Twitter / YouTube / Twitch / IG : Bitmexbully
Comment:
ok traders lets take a look. 160 zone was tested before the move down. Wasnt expecting that but ill work with what i got. Expecting us to continue on original path and will trade that accordingly.
Comment:
so far so good.lets see if we get a test of 115-120 zone
Comment:
looking for a break above $150-160 to gain momentum for a move to 190 target.
Telegram channel for more frequent updates and trades! t.me/joinchat/AAAAAFKbvEuCiaG1pCRrpQ
Telegram channel for more frequent updates and trades! t.me/joinchat/AAAAAFKbvEuCiaG1pCRrpQ
Comment:
150-160 hit lets see if she can gain as support for a move to 175-190 possibly 200 area
Comment:
target hit - on to the next setup!