Hi traders, am back again with an idea....
Pls and pls,it just an idea and do ur own research also before also.
NO CRIME IN SHARING IDEAS
A breakout will come into the picture if ETH/USD regains the ground above $1,100. The ultimate lift to $1,400 will depend on the bulls’ ability to sustain the uptrend beyond the 50 SMA.
It is worth keeping in mind that a breakdown could well dominate the price following this consolidation. If the bearish leg slices through the short-term anchor at $1,000 and the 100 SMA, Ethereum would bring in massive sell orders, leading to losses back to $900 and the 200 SMA at $800.
With this idea, 2 factors are involved. up or down.
BE CAREFUL AS U TRADE
KINDLY FOLLOW AND LIKE 👍 FOR MORE INFO
Pls and pls,it just an idea and do ur own research also before also.
NO CRIME IN SHARING IDEAS
A breakout will come into the picture if ETH/USD regains the ground above $1,100. The ultimate lift to $1,400 will depend on the bulls’ ability to sustain the uptrend beyond the 50 SMA.
It is worth keeping in mind that a breakdown could well dominate the price following this consolidation. If the bearish leg slices through the short-term anchor at $1,000 and the 100 SMA, Ethereum would bring in massive sell orders, leading to losses back to $900 and the 200 SMA at $800.
With this idea, 2 factors are involved. up or down.
BE CAREFUL AS U TRADE
KINDLY FOLLOW AND LIKE 👍 FOR MORE INFO
