Ethereum - Is going to reach value area??? 😯🧨
Hello friends.
Ethereum rebounded from $1,730 support level, the volume increased, it means that stop losses were collected and the price got liquidity to buy.
There is a value area on the chart above, as well as a key resistance level of $2250, below is the support level of $1730, now price is moving near the local trend line to the resistance level.
I expect that price may go up to the value area and already there I will look for entry points into the position.
Be careful and set stop losses!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum rebounded from $1,730 support level, the volume increased, it means that stop losses were collected and the price got liquidity to buy.
There is a value area on the chart above, as well as a key resistance level of $2250, below is the support level of $1730, now price is moving near the local trend line to the resistance level.
I expect that price may go up to the value area and already there I will look for entry points into the position.
Be careful and set stop losses!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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