DanilBlinkov

ETHUSDT | Idea update, when to expect a rebound?

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅


Another update of the chart, here I also continue to hold the position ($1311).

An approximate plan was also shown on the chart, everything is similar to the bitcoin chart, a strategy from levels and a manipulative rebound.

The range of $1150-1200 is a local support level, approximately from there I expect to see the reaction of the buyer, but I do not exclude that they can plunge lower for a larger set of short positions and subsequent removal.

Guys special attention! This update is not a call to open a LONG/SHORT position, but a simple update of past ideas. If you have not entered or are out of position, then I recommend just taking a break from transactions, very soon there will be new entry points for positional trading.

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.