digiincomee

ETH is trying to cross the resistance range

BINANCE:ETHUSDT   Ethereum / TetherUS
ETHUSDT is currently red around the parallel channel roof and resistance range.
In case of breakout and stabilization above the resistance range, it can see the first and second targets (short and medium term), the third and fourth (long term) targets.
But in case of failure, it will be possible retracement from the first to four support!
We have always mentioned and suggested people who are less risk-averse, the best thing to do is to wait until the failure is final and then enter the possible pullbacks after breaking the levels and limits of resistance or support! Depends on the transaction and personality of individuals)

We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.

Best Regards.




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.