Hi there,
ETHUSDT is falling but falling correctively. Which is giving us a signal then breakout for upside is about to come very soon.
How You can trade on this chart.
This is a longer term chart. Any trade you will take on this chart will be for longer term.
1. Watch for the breakout of the descending channel and buy ( Breakout should be strong )
OR
2. Look for chart term sell within the channel on breakdown of the slower degree correction and then look for buy at the bottom
OR
3. Let the Price break up clearly descending channel and look for correction and then look for buy.
Hope you got the idea how to trade on this chart.
Good Luck
Please support the setup with your likes, comments and by following on TradingView thanks
ETHUSDT is falling but falling correctively. Which is giving us a signal then breakout for upside is about to come very soon.
How You can trade on this chart.
This is a longer term chart. Any trade you will take on this chart will be for longer term.
1. Watch for the breakout of the descending channel and buy ( Breakout should be strong )
OR
2. Look for chart term sell within the channel on breakdown of the slower degree correction and then look for buy at the bottom
OR
3. Let the Price break up clearly descending channel and look for correction and then look for buy.
Hope you got the idea how to trade on this chart.
Good Luck
Please support the setup with your likes, comments and by following on TradingView thanks
Comment:
Or Watch this lower time frame.
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