Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After rejecting the 2000 resistance, ETH has been bearish trading inside the falling channel in red.
ETH is now bullish from a short-term perspective as a correction phase trading inside the rising channel in orange.
📉 If ETH breaks below the lower orange trendline, then we will expect the bears to take over for one more bearish impulse till the lower red trendline.
📈 Meanwhile, we are bullish short-term, and if ETH breaks above the upper red trendline, then we will expect further bullish movement till the 2000 resistance again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
After rejecting the 2000 resistance, ETH has been bearish trading inside the falling channel in red.
ETH is now bullish from a short-term perspective as a correction phase trading inside the rising channel in orange.
📉 If ETH breaks below the lower orange trendline, then we will expect the bears to take over for one more bearish impulse till the lower red trendline.
📈 Meanwhile, we are bullish short-term, and if ETH breaks above the upper red trendline, then we will expect further bullish movement till the 2000 resistance again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.