ETHUSD first structure - Down
Hello,
This first structure is down and we can expect the price to visit soon the next level - 200 USD.
The reason behind is that much trade volume is locked in this upper area for quite some time without significant retrace. Prices up to 71.8% retracement (according to latest structure) is just not attractive at this time. Bigger deep is expected for investors and traders.
Psychological levels to watch:
Bulls - 235 USD
Bears - 200 USD
This first structure is down and we can expect the price to visit soon the next level - 200 USD.
The reason behind is that much trade volume is locked in this upper area for quite some time without significant retrace. Prices up to 71.8% retracement (according to latest structure) is just not attractive at this time. Bigger deep is expected for investors and traders.
Psychological levels to watch:
Bulls - 235 USD
Bears - 200 USD
Catatan
This "Short" trend idea didn't work out. I will be watching the 250 mark as next trade!
Trading ditutup: stop tercapai
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.