Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
ETH/USDT UPDATE:
ETH/USD - Since peaking at $3500 in March, the price has been replicating the same price action in sideways consideration followed by an impulse move down. This has happened twice so far, with the price currently consolidating sideways. Then there is an increased likelihood of seeing another move down similar to the prior two moves. For this pattern to be invalidated, the buyers will need to begin taking prices above the current higher low of $3148 and change this market structure in favour of the bulls.
Significant support is located at $2700, an area I will be very interested in
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
ETH/USDT UPDATE:
ETH/USD - Since peaking at $3500 in March, the price has been replicating the same price action in sideways consideration followed by an impulse move down. This has happened twice so far, with the price currently consolidating sideways. Then there is an increased likelihood of seeing another move down similar to the prior two moves. For this pattern to be invalidated, the buyers will need to begin taking prices above the current higher low of $3148 and change this market structure in favour of the bulls.
Significant support is located at $2700, an area I will be very interested in
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
