Hello Investors,
This is my Daily timeframe outlook on ETHUSDT.
I have identified an ascending accumulation structure between 1400 and 1800
Yesterday, price broke above the vertical structure which I marked up on the chart.
Currently, price is trading above 1900, I expect a retracement around this area and a bullish continuation beyond 2000.
I will be observing price action in the H4 and H1 timeframes for my confirmation schematics.
However, let's remember to think in probabilities because anything can happen.
Have a profitable trading experience.
This is my Daily timeframe outlook on ETHUSDT.
I have identified an ascending accumulation structure between 1400 and 1800
Yesterday, price broke above the vertical structure which I marked up on the chart.
Currently, price is trading above 1900, I expect a retracement around this area and a bullish continuation beyond 2000.
I will be observing price action in the H4 and H1 timeframes for my confirmation schematics.
However, let's remember to think in probabilities because anything can happen.
Have a profitable trading experience.