Ethereum: Possible Buying Opportunities
Güncellendi
The local downtrend line does not allow the price to move upside. It is a barrier for the buyers, and the price action in this zone is very important.
If the price bounces, it will be possible to see a downside movement to 196.50USD and 190.00USD support. The reversal signals from this zone will be good for buying with stops below 190.00USD and the local swing low.
If the price can break the downtrend line, it will confirm the strength of buyers. We will have a buying opportunity with stop orders below SMAs and the 1st profit target at 215.00USD. The breakout above 215.00USD will open the road to 228.00USD resistance.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
If the price bounces, it will be possible to see a downside movement to 196.50USD and 190.00USD support. The reversal signals from this zone will be good for buying with stops below 190.00USD and the local swing low.
If the price can break the downtrend line, it will confirm the strength of buyers. We will have a buying opportunity with stop orders below SMAs and the 1st profit target at 215.00USD. The breakout above 215.00USD will open the road to 228.00USD resistance.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Not
The 1st target was reached! What's next? The price can bounce from the resistance and we will get a pullback. If the price breaks 215USD, we will see a possible upside movement to 220USD and 228USD. It will be very good for the market. 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.