Hi dear traders
ETH is swinging above the 1600$ resistance, inside an ascending triangle.
First scenario, if the resistance of 1625$ is broken, the triangle pattern is confirmed and the price can climb up to the resistance of 1715$.
The second scenario is the possibility of a false break for the liquidity of long positions.
Wait for breakout completed.
Let's see what happens
This is not financial advice ( DYOR )
Good luck.
ETH is swinging above the 1600$ resistance, inside an ascending triangle.
First scenario, if the resistance of 1625$ is broken, the triangle pattern is confirmed and the price can climb up to the resistance of 1715$.
The second scenario is the possibility of a false break for the liquidity of long positions.
Wait for breakout completed.
Let's see what happens
This is not financial advice ( DYOR )
Good luck.
Comentarios:
Hit 1565 🎯
Comentarios:
Now take profit, and wait for conformation to open long position
Comentarios:
The price bounced from support area and as you can see, squeezed the bearish trend line.
If holed above EMA50, we can expect to breakout and reach target.
Tp1 1600
Tp2 1623
Tp3 1656
Let's see what happens
If holed above EMA50, we can expect to breakout and reach target.
Tp1 1600
Tp2 1623
Tp3 1656
Let's see what happens
Comentarios:
Comentarios:
Tp1 hit🎯
Comentarios:
Tp2 hit 🎯
Comentarios:
Tp3 hit 🎯
Operación cerrada: objetivo alcanzado:
Full Target
Good luck 🤗
Good luck 🤗
