Hello Traders
Her is my view on ETHUSD.
At the moment price is trading inside Ascending Channel and making new higher highs.
What is the situation?
While price breaking through minor resistance inside the Ascending Channel it simply tell me
that buyers still have powers to push price up, so i will be waiting for buyers to take a
break so that sellers can push price down to new horizontal/ vertical support then i will look
for long opportunity.
What are other options?
If price does not satisfy my technical view then i will look for new opportunities should price break
below the low trend line of the Ascending Channel.
Her is my view on ETHUSD.
At the moment price is trading inside Ascending Channel and making new higher highs.
What is the situation?
While price breaking through minor resistance inside the Ascending Channel it simply tell me
that buyers still have powers to push price up, so i will be waiting for buyers to take a
break so that sellers can push price down to new horizontal/ vertical support then i will look
for long opportunity.
What are other options?
If price does not satisfy my technical view then i will look for new opportunities should price break
below the low trend line of the Ascending Channel.
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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.
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.