Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🗒 After breaking above 1700, ETH has been stuck inside a range.
We will remain bullish as long as ETH doesn't break a previous major low that happens to be lining up with 1700
📌 If we break below 1700 expect a bearish correction to start till around 1550 support / demand.
🏹 Meanwhile, we are still bullish and the bulls would take full control again by breaking above the current minor high in red around 1860
In this case, a movement till the 2000 weekly resistance and round number would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🗒 After breaking above 1700, ETH has been stuck inside a range.
We will remain bullish as long as ETH doesn't break a previous major low that happens to be lining up with 1700
📌 If we break below 1700 expect a bearish correction to start till around 1550 support / demand.
🏹 Meanwhile, we are still bullish and the bulls would take full control again by breaking above the current minor high in red around 1860
In this case, a movement till the 2000 weekly resistance and round number would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 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.