Ethereum (ETHUSD) goes together with Bitcoin (BTCUSD) and Bitcoin is starting to drop...
Here we have the next target for ETHUSD.
But first, ETHUSD will hit MA200 at $234.10, depending on how this level is handled, we will visit $226.46 next.
Based on my EMAs analysis, the 0.786 Fib. support can also be hit as well...
But this drop is just getting started, let's not get ahead of ourselves.
This is a short-term analysis, not intended for you to trade.
You need to have your own plan and strategy, always remember this, here we are only reading the chart...
But when we trade, we share the full numbers (buy-in, targets, stop-loss & additional information).
Namaste.
Here we have the next target for ETHUSD.
- We will hit ~$226 with a high probability on this drop.
- The red volume is high and the indicators curving strong.
But first, ETHUSD will hit MA200 at $234.10, depending on how this level is handled, we will visit $226.46 next.
Based on my EMAs analysis, the 0.786 Fib. support can also be hit as well...
But this drop is just getting started, let's not get ahead of ourselves.
This is a short-term analysis, not intended for you to trade.
You need to have your own plan and strategy, always remember this, here we are only reading the chart...
But when we trade, we share the full numbers (buy-in, targets, stop-loss & additional information).
Namaste.
Note
First target hit at $235
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.