Press the Follow Button to see more of my Daily Detailed Analysis across all assets. Also, if you have any questions please do ask them in the comments Section.
Here we have our ETHUSD chart..
We touched on Early Resistance recently causing a slight dip in price. This zone supplied an early short zone with light risk due to the impetus of the previous up move. News Sentiment is currently seeing price dwindle to the downside.
We are still continuing the current trend upwards on a Technical basis. for that reason we are going to be long on a dip to comfortable support (labelled). You can use a FIB to judge the feasibility of current price based on its value (high/low). Risk should also be small as this is a HVA and can be very volatile.
Look to exit back towards resistance and a Price action zone (eclipse symbol area).
Here we have our ETHUSD chart..
We touched on Early Resistance recently causing a slight dip in price. This zone supplied an early short zone with light risk due to the impetus of the previous up move. News Sentiment is currently seeing price dwindle to the downside.
We are still continuing the current trend upwards on a Technical basis. for that reason we are going to be long on a dip to comfortable support (labelled). You can use a FIB to judge the feasibility of current price based on its value (high/low). Risk should also be small as this is a HVA and can be very volatile.
Look to exit back towards resistance and a Price action zone (eclipse symbol area).
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.