Ethereum Intraweek Technical Analysis:
As mentioned in previous week that Ethereum is going to consolidate around 2000 and it is going to either breakout or break down. Ethereum tried to breakout but met with immediate rejection around 2100.Now
Again after consolidating below $2000 , ethereum is getting close to another breaking point. In coming week we might see another breakout or break down . long term position entries are already taken in ethereum with last entry at 1800. The initial target I am targeting is $3000 for long term and 2100 for intraweek. In coming week my idea is that if the price goes down it may test the support of 1900 and 1800. My idea is to take entry after confirmation of support of 1900, enter with the target resistance of 2000 and 2100
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
As mentioned in previous week that Ethereum is going to consolidate around 2000 and it is going to either breakout or break down. Ethereum tried to breakout but met with immediate rejection around 2100.Now
Again after consolidating below $2000 , ethereum is getting close to another breaking point. In coming week we might see another breakout or break down . long term position entries are already taken in ethereum with last entry at 1800. The initial target I am targeting is $3000 for long term and 2100 for intraweek. In coming week my idea is that if the price goes down it may test the support of 1900 and 1800. My idea is to take entry after confirmation of support of 1900, enter with the target resistance of 2000 and 2100
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics