ETHUSD
New forecast
Ethereum price trades bounce back downward to conduct some bearish intraday correction, noting that the price is significantly gathering positive momentum, waiting for the price to be stimulated to resume the expected upward trend for the coming period, whose next targets are at 1822 and 1885.
From here, we continue to favor the upward trend in the immediate and short term, supported by the moving average 50, recalling the importance of stability above 1735 to achieve the expected goals.
The expect range trading for today will be between resistance line 1885 and support line 1735 .
support line : 1773 , 1735
resistance line : 1822 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
Ethereum price trades bounce back downward to conduct some bearish intraday correction, noting that the price is significantly gathering positive momentum, waiting for the price to be stimulated to resume the expected upward trend for the coming period, whose next targets are at 1822 and 1885.
From here, we continue to favor the upward trend in the immediate and short term, supported by the moving average 50, recalling the importance of stability above 1735 to achieve the expected goals.
The expect range trading for today will be between resistance line 1885 and support line 1735 .
support line : 1773 , 1735
resistance line : 1822 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached:
ETHUSD
New forecast
The price perfectly fulfills my last idea and price reached to our first target .
The price of Ethereum resumed its positive trading after breaking the bullish triangle flag pattern shown in the image. Therefore, expectations are strengthened for the continuation of the upward trend during the coming period, and the way is open to achieve our expected positive target at 1885, 1943.
Therefore, the bullish trend scenario will remain valid and effective, supported by moving average 50, keeping in mind that breaking 1770 will stop the proposed rise and put pressure on the price to turn lower.
The expect range trading for today will be between resistance line 1885 and support line 1770 .
support line : 1822 , 1773 ,
resistance line : 1885 , 1943
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
ETHUSD
New forecast
The price perfectly fulfills my last idea and price reached to our first target .
The price of Ethereum resumed its positive trading after breaking the bullish triangle flag pattern shown in the image. Therefore, expectations are strengthened for the continuation of the upward trend during the coming period, and the way is open to achieve our expected positive target at 1885, 1943.
Therefore, the bullish trend scenario will remain valid and effective, supported by moving average 50, keeping in mind that breaking 1770 will stop the proposed rise and put pressure on the price to turn lower.
The expect range trading for today will be between resistance line 1885 and support line 1770 .
support line : 1822 , 1773 ,
resistance line : 1885 , 1943
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
