✴️ Ethereum | We Are Early But Looks Good

It is still early once more to call for a reversal but so far it looks good.

✔️ We had three candles hitting the 0.5 Fib. retracement level but all closing above it.

✔️ Yesterdays candle was a hammer thus giving this signal further strength.

✔️ Today we have a full green candle with high buy volume on average.

All these early signals point to a potential support being set at yesterdays wicks low.

From here, ETHUSDT can grow.

Note: This analysis is invalidated on a daily close below $1,366.

Namaste.

Comment:

LONG ETHUSDT

Leverage: 8X

Buy-in: $1,400 - $1,485

Targets:

1) $1,640
2) $1,840
3) $2,022
4) $2,390
5) $2,580

Stop-loss: Close daily below $1,360

Liq. price: $1,290

Potential profits: 614%

Capital allocation: 4%

Date: 11-Mar-2023

Comment:

Targets:

1) $1,640 |Hit 13-Mar (+92%)
2) $1,840 |Next target
3) $2,022
4) $2,390
5) $2,580

Comment:

Targets:

1) $1,640 |Hit 13-Mar (+92%)
2) $1,840 |Hit 18-Mar (+200%)
3) $2,022 |Next target
4) $2,390
5) $2,580

Comment:

Targets:

1) 1,640 |Hit 13-Mar (+92%)
2) 1,840 |Hit 18-Mar (+200%)
3) 2,022 |Hit 13-Apr (+300%)
4) 2,390 |Next target
5) 2,580

Trade active:

We are active and continue aiming for the next target.