TradingView
Lingrid
Apr 11, 2024 2:11 PM

Lingrid | ETHUSDT forming HIGHER Lows Long

Ethereum / TetherUSBinance

Description

The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT is moving sideways on the daily timeframe. This means that it is in the accumulation phase. The price broke through the resistance that was twice then pullback forming a fake breakout. If you zoom out you can see that the market has been making higher lows respecting the upward trendline. I think the price might pull back to the support levle then keep making HLs. My target is previous resistance zone 3728.00



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
behdark
Is it possible for the price to hit the support level?
Lingrid
@behdark, everything is possible, especially before the halving and according to the volatility of crypto
Lingrid
What do you think, guys? Feel free to share your ideas ✌️?
More