In addition to our previous ETH/USD analysis that we just published this chart focuses on the daily.
Don‘t forget to leave a like and follow as it keeps me going:)
Forming a clear high with higher-lows is usually a strong buy signal especially if the asset is consolidating between the 200-MA and 200-EMA. Managed to hold POC with three daily candles so a breakout is expected soon.
Will take partial profit at $268-307-334 while aiming for even higher prices.
Invalidation below $182 while breaking our bullish OB.
Leverage: 5x
R/R: 2.9 - 6.1
Don‘t forget to leave a like and follow as it keeps me going:)
Forming a clear high with higher-lows is usually a strong buy signal especially if the asset is consolidating between the 200-MA and 200-EMA. Managed to hold POC with three daily candles so a breakout is expected soon.
Will take partial profit at $268-307-334 while aiming for even higher prices.
Invalidation below $182 while breaking our bullish OB.
Leverage: 5x
R/R: 2.9 - 6.1