Price has made a bearish divergence. if the price breaks the neckline it will be trend reversal. Double top has formed as a clear indicator of trend reversal.
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Ethereum broke through the important downward trend line on a four-hour basis.
I think we can expect a further rise once the retest begins.
At this time, you need to check tether domination, but please note that tether domination can go down to 7.2 points.
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Ethereum is breaking the upward trend and retesting.
If you succeed in the retest, you'll see a drop.
It's a short RBI right now!
You can make a profit at the halfway point.
ETH/USDT :::
Currently, the price in the orange channel has touched the channel ceiling and the channel floor well, and the next destination is the channel ceiling, so a long position can be considered .
But if you want to determine your position for the long term, wait until the blue line (resistance) or the red line (support) is broken .
In any case, the...
🟢 ETHUSDT
TF: 1H
Side: Long
TP 1: $1,239.26
TP 2: $1,251.84
TP 3: $1,262.00
This is our ETH range for today. Short squeeze to the resistance and then we can decide what to do from there whether to continue longs or short.
My target is around $1,250ish.
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Based on technical factors there is a Buy position in :
📊 ETHUSDT Ethereum
🔵 Buy Now 1130.50
🧯 Stop loss 1055.82
🏹 Target 1 1187.30
🏹 Target 2 1257.68
🏹 Target 3 1422.00
💸RISK : 1%
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#ETH Technical Analysis:-
$ETH is currently trading around $1310
As Per chart #ETH is currently trading in Descending Triangle in 4 HOURS Chart.
As per the chart Still Waiting for Confirmation Now Two Scenarios:-
Scenario 1:- if ETH breakout Upward and close any candle above then We can see a 17% Upward move toward $1500
But
Scenario 2:- If $BTC failed to...
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🦄 Time to make money ETHUSDT😱
Start of big growth
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