We can see that ETH still in channel down for almost 6 mounth,
but we also have small channel up inside this pattern, and already reach channel up support.
How to enter the market in this situation?
We can take buy position with small target at channel up resistance or maximum target at channel down resistance around 1930
If channel up break down, we can enter long position at channel down support around 1500 with maximum target around 1900 at channel down resistance
Happy trading,
I will update this analysis if I found a new pattern
but we also have small channel up inside this pattern, and already reach channel up support.
How to enter the market in this situation?
We can take buy position with small target at channel up resistance or maximum target at channel down resistance around 1930
If channel up break down, we can enter long position at channel down support around 1500 with maximum target around 1900 at channel down resistance
Happy trading,
I will update this analysis if I found a new pattern
Trade attivo:
we have a good bullish from channel down support, but ETH still inside channel down.
I will update soon after i found a new pattern
I will update soon after i found a new pattern
Trade chiuso: obiettivo raggiunto:
perfect plan. Target reach