Hello mate, I hope you're doing great.
As you can see on the chart the latest ETH price broke the previous "B" resistance area.
This is a Bullish signal that made a Fibonacci activated.
The Low Risk target of that Fibonacci is the First Green area around $3,150.
But the target of our broken Descending channel is around $3,300 that overlaps the 1.272 Fib Extension.
If you enjoyed my Technical Analysis, don't forget the hit the LIKE button.
Feel Free to ask your questions or share your ideas in comment section.
As you can see on the chart the latest ETH price broke the previous "B" resistance area.
This is a Bullish signal that made a Fibonacci activated.
The Low Risk target of that Fibonacci is the First Green area around $3,150.
But the target of our broken Descending channel is around $3,300 that overlaps the 1.272 Fib Extension.
If you enjoyed my Technical Analysis, don't forget the hit the LIKE button.
Feel Free to ask your questions or share your ideas in comment section.
İşlem aktif
The Stop-loss isn't hit yet so the TA is still active.the support area should be broken downwards to activate stop-loss.
İlgili yayınlar
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.
İlgili yayınlar
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.