Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
As per my last analysis, ETH rejected the green support zone and traded higher. Now What?
📈 ETH is sitting around a minor resistance zone in gray 1950. For the bulls to remain in control medium-term we need a break above it.
Meanwhile, the bears can take over for a correction (to be confirmed on lower timeframes), in this case, we will be looking for new buy setups around the orange minor support.
on Weekly: Right Chart
🏹 From a long-term perspective, for the bulls to take over, we need a weekly candle close above the blue resistance zone 2250
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
As per my last analysis, ETH rejected the green support zone and traded higher. Now What?
📈 ETH is sitting around a minor resistance zone in gray 1950. For the bulls to remain in control medium-term we need a break above it.
Meanwhile, the bears can take over for a correction (to be confirmed on lower timeframes), in this case, we will be looking for new buy setups around the orange minor support.
on Weekly: Right Chart
🏹 From a long-term perspective, for the bulls to take over, we need a weekly candle close above the blue resistance zone 2250
📚 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
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.