FieryTrading

🔥 Ethereum Rebound: Update

Alış
BINANCE:ETHUSDT   Ethereum / TetherUS
In my previous ETH analysis I looked at a potential short term rebound happening soon.


As of now, it appears that the ~1730 support area held strong and that ETH can potentially start a new bullish push upwards. Currently, it's all dependent on the 1880 support. If that support manages to hold, we can see the start of a prolonged bullish move and the formation of a horizontal channel.

Obviously, ETH's moves are dependent on Bitcoin's price action. In the end, everything follows BTC one way or another. Bitcoin's recent price movement is relatively bullish, so a bullish move from ETH is more likely.

Happy trading!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
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.