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ForecastCity
Nov 4, 2020 9:20 PM

πŸ’‘Don't miss the great buy opportunity in ETHUSDTΒ Long

Ethereum / TetherUSBinance

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (389.90). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.

Take Profits:
TP1= @ 409.05
TP2= @ 420.80
TP3= @ 447.80
TP4= @ 486.40

SL= Break below S2

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Comments
yusufipek1989
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Very nice chart for Ethereum. thx for sharing.
ForecastCity
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@yusufipek1989, You're very welcome!
Thank you for your comment.
Best_Forecast
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Excellent! as always!

Thank You for sharing! ❀️
ForecastCity
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@Alexander_007, Thank you for your kind words. We appreciate your support.
sara-kian-fx
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Very nice analysis man, looks very clean!
ForecastCity
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@sara-kian-fx, Thank you for your kind words. We appreciate your support.
Mesutkashmar
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So you expect uptrend... Interesting.
ForecastCity
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@Mesutkashmar, That's right. ETHUSDT is in a range bound and the beginning of uptrend is expected.
ConnorNix
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@Mesutkashmar so does that imply you expect a downtrend? Do you not use TA? @ForecastCity, great short term trade setup man! Detailed, easy to understand and very cleanly displayed! Look forward to more πŸ‘
ForecastCity
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@ConnorNix, Thank you for your feedback. We appreciate your support.
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