Salaam
Good day!
ETH broke the trend line, there is 2 scenario:
ETH is in an ascending channel for a long time.
1- ETH remains above 1860, so 1970 is the upper edge of the channel.
IF it could break the channel, the next target could be 2070.
2- ETH retraces 1870 and goes lower about 1820, 1740.
Totally ETH will be about 2600 in late February.
Do some retraces is more probable in my opinion.
You should know that everyone shares his/her ideas only.
Only trade after your analysis.
Good luck
***keep very good risk management.
It's the only keep live secret in trading life***
Good day!
ETH broke the trend line, there is 2 scenario:
ETH is in an ascending channel for a long time.
1- ETH remains above 1860, so 1970 is the upper edge of the channel.
IF it could break the channel, the next target could be 2070.
2- ETH retraces 1870 and goes lower about 1820, 1740.
Totally ETH will be about 2600 in late February.
Do some retraces is more probable in my opinion.
You should know that everyone shares his/her ideas only.
Only trade after your analysis.
Good luck
***keep very good risk management.
It's the only keep live secret in trading life***