altbender0x

ETHUSD Buy Zone Target

altbender0x Updated   
BITFINEX:ETHUSD   Ethereum
ETHUSD is looking like its wants to retrace a bit to re gain momentum. As we can see its broken the trend line. Easy buy zone targets, Fib support & Previous resistance will flip to create support level. Also looking at Volume Profile we can see it will likely help hold us at those first targets. You could try a short scalp to those levels, with a stop at top of this 4 hour red candle. You never know, you may get lucky and get a bigger retracement, possibly to the 0.382 fib level.
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.