Hi guys!
🔔 Ethereum bounced back after testing of the dynamic resistance (upper threshold of the descending channel).
🔔 Bulls are not giving up and ETHUSD remains inside the channel which is a good sign. The wick of the last red candle shows increasing volumes of buy orders at these levels.
🔔 If you look at previous jumps on the chart, they all were preceding a large wick.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 Ethereum bounced back after testing of the dynamic resistance (upper threshold of the descending channel).
🔔 Bulls are not giving up and ETHUSD remains inside the channel which is a good sign. The wick of the last red candle shows increasing volumes of buy orders at these levels.
🔔 If you look at previous jumps on the chart, they all were preceding a large wick.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Trade closed: target reached:
TP1 complete. Pattern cancelled!
Trade closed: target reached:
TP2 and 3
Nothing is true, everything is permitted.
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🤖 I am one of the 11K TradingView users who trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 I am one of the 11K TradingView users who trade on BingX - bingx.com/partner/Aziz
