weslad

ETHUSD Trading Ideas and Potential Opportunities.

Long
weslad Updated   
BITFINEX:ETHUSD   Ethereum
ETHUSD is in corrective phase and presently trading in a symmetrical triangle.

At same time approaching a very strong trendline support.

This support should provide maximum bounce for easy 40-70% buy opportunity.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active:
ETH is smashing the trendline down, if it will hold or not we will have to wait till day candle closes.

Moreover, the following are immediate support to look into:
315
294
226
184


Trade active:
ETHUSD approaching another very strong support after 300usd failed to hold the drop, the market capitulation is on the highest level.

We should find bottom from these level:
Immediate Support
245.45$
218.25$

Grand support
154.40$
123.20$

Trade active:
After our last update, ETH got a great significant bounce and it show some great strength.

Trade active
Trade active:
ETHUSD, hit trendline resistance. Its quite decision time now


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