Now Trading at 243$ at support level. This is very strong Support level.
Support :- $243 is Strong support level for Hold Bull scenario. If this support Will breakdown then next Strong support is $215 so we can see bounce back from this support if this red Box breakdown.
I am Bullish on #ETHUSD.
Why..?
I am bullish on #ETHUSD because TA looks good and holding strong support and Also very Near #Ethereum 2.0 So i can expect $300+ My target 🎯
Entry:- I am opening Long entry at CMP and Stop Loss placing at $230 ( #ETHEREUM Spot ) Not leverage Position.
Resistance/Targets :- If bounce from here then i can expect my first Target would be $284 and 2nd Target would be $312.
What for Leverage..? If you open Leverage position then keep in mind if any Daily or 6 hours candle close below this Red box then you can exit Long for safe side.
Support :- $215/$170/$152 Resistance :- $247/$284/$312
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Thank you So much.
Trade active
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#ETHUSD Current Update:
#ETHUSD Now Trading at $242.70.
according to chart I already told you I am opened Long position with Tight Stop Loss.
there are Two scenarios:
1st:- If we break $250 Resistance then Ready for $300 and I am also Targeting $300 After Breakout $250 Level.
2nd:- now If reject This Resistance Level then I can expect Small Retracement Till $215 ( many Exchanges Yesterday competed This Retracement like Bitmext ETHUSD Low $226 and Bitstamp Low $215)
so Keep an eye on My every Update I will try my best For You Guys.
Good analysis bro, hope market will remail bullish for some more days..
CryptoPatel
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@Intu thank you bro i am also thinking bullish some more days
PureStructureNoBS
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I made a comment here a few hours ago noticing how all the likes and comments saying "great chart" are clearly bots and the comment has been removed. Most of the likes are probably fake too, and the analysis is nonsense with that made upwards channel
bobbysnakes
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@PureStructureNoBS, I agree, the analysis is bumpkin. These are clearly all bots saying the same thing. The chart has no justification for upward movement like dimwit is suggesting. I didn't realize how many fake accounts are on here thank you for pointing this out. Cheers.