MyCryptoParadise_Simon

ETHW/USDT Assessing Potential Moves from Support Retest? πŸ‘€ πŸš€

KUCOIN:ETHWUSDT   ETHPoW / Tether
πŸ’Ž Paradisers, let's focus on #ETHWUSDT as its showing an interesting setup. Positioned for a retest of a key support level, it is indicating potential for its next market move.

πŸ’Ž #EthereumPoW has been maintaining strong momentum above the EMA. If it can continue this trend at the key support level of $2.3499, we could see a bullish continuation.

πŸ’Ž However, if ETHW fails to uphold its strength above this support, we might need to shift to Plan B. This could involve anticipating a bullish rebound from a lower support level at $1.8855.

πŸ’Ž It’s crucial to consider another possibility: if #ETHW breaks below the $1.8855 support, it could signal the start of a downward trend. πŸ’°πŸŒ΄
Trade closed: target reached:
πŸ’Ž Just as predicted, #ETHWUSDT up a smooth 86.93%!
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