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We broke out of the peanut that has a target on 2600$ region.Its important to not just enter now because ETH has a tendency to shake weak hands off the train and we might see a pullback on the purple box (yellow path of the arrows)
With a break of the important resistance 1935$ we have two additional targets.
First W target 2300$
Second W Target 2600$
But don't be on a hurry to enter even if we break the resistance wait for a retest of it to avoid any fake outs.
And don't forget protect yourself with low leverage and wide stops.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day, wish you all the best !
We broke out of the peanut that has a target on 2600$ region.Its important to not just enter now because ETH has a tendency to shake weak hands off the train and we might see a pullback on the purple box (yellow path of the arrows)
With a break of the important resistance 1935$ we have two additional targets.
First W target 2300$
Second W Target 2600$
But don't be on a hurry to enter even if we break the resistance wait for a retest of it to avoid any fake outs.
And don't forget protect yourself with low leverage and wide stops.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day, wish you all the best !
Trade closed: target reached