With ETH being very volatile, it is looking for a breakdown of current zone (After having massive movement to upper zones)
We are closely monitoring price to potentially secure those lower zones (securing by bears); once we see it, it should be a good start for price to move closer to both 100 and 200 EMAs.
Swallow Team
We are closely monitoring price to potentially secure those lower zones (securing by bears); once we see it, it should be a good start for price to move closer to both 100 and 200 EMAs.
Swallow Team
Note
We had a really nice breakdown from the major zone that has been holding the price for the last few weeks.
Now that we have the breakdown, we are looking for a confirmational re-test, which is currently in process. Once we get a nice rejection, we will go for that lower zone at $2150.
Trade closed: target reached
ETH reached our major target of the lower support zone, from where it bounced back up. We had a nice, small 8% market price movement here!
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.