Ethereum / TetherUS
Long

ETH simple weekly chart (bullish)

547
ETH / USDT

🌟 Techincal Analysis🌟

Hi guys

Eth now looking extremely bullish on weekly chart

You remember we entered it early at 367$ long term trade and did until now 55% profit on spot alone 🔥😎

See my first idea here :
ETH holders no worry as long as we are in..+ Eth new local high?


Now ...

Eth possible next moves

1 - retracment from area around 600$ to 480-433$
Then go in bullish wave towards 760$ (0.5 fib)and 900$ (0.618fib)

2- or pump straight from here to 700-900$ without deep correction

We will play on safe side if Looking for new entery position ..only if it retraced to the demand zone so we can open a new long/buy position

If you bought from our long term signal 367$ sell 50% and keep the rest

Good luck and happy trading 🌹

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.