DEFI-trader

ETH, first week of summer

Long
BITSTAMP:ETHUSD   Ethereum
We found some resistance around the 2900 usd area which is where the 34 Daily EMA is located and also the fib level of 55% from the swing lows. I am expecting an ABC move to the upside and the area between 3500-4000 usd area.

This is just an indication, please check my other analysis below and also other crypto traders in this platform so you get a full picture of the highest probability. But remember, when many people predict the same thing and targets, this may not happen. This is the reason i go for 4000 price target and not anything below or above.

If you are wondering what my retracement levels are, please check my previous publication.

Stay safe!
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.