Get started
VARZAR_INVESTMENT

Today's Trading Plan based the on volume analysis: ETHUSD

Ethereum (BITSTAMP:ETHUSD)  
VARZAR_INVESTMENT  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Technical Indicators varzar ETHUSD volumepriceanalysis
4
1
trendanalysis indicator varzar ethusd volumepriceanalysis
Bulls won in the bloody battle with the bears yesterday and pushed the price above 685. Then they confirmed their intentions by buying a single large order for 227 ETH at a price of 675 at 22.37 GMT (1st arrow on the screenshot). In an hour, once again a single large order for 279 ETH went through at a price of 686 USD at 23.57 GMT in Time&sales (2nd arrow on the screen). A good area for shopping is in the price range of 675-680 USD with the first goal 740-750 USD (3rd arrow on the screenshot).

Our backup plan: a breakout through 675 and to test it from below (4th on the screenshot).
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.