Red path :As we can see ETHUSD has some valid rejection from 0.5% of Fibonacci retracement level and is near support of trendline too what we expect is this that trendline broke and retest of breakout complete and the market reach our bearish scenario targets that are :
Targets
A.1500$(after this target we should have update to see the second target is reachable or not)
B.1320$
Green path
But we should consider this that market can easily reach 1750$(0.61% of Fibo too ) and then we would have break out and second red path would get valid
Blue arrows :are previous analysis :

and ..

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Targets
A.1500$(after this target we should have update to see the second target is reachable or not)
B.1320$
Green path
But we should consider this that market can easily reach 1750$(0.61% of Fibo too ) and then we would have break out and second red path would get valid
Blue arrows :are previous analysis :

and ..

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached
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30k reward also reserved for you At Weex Using link!
shorturl.at/siBH5
Deposit $200 get +100
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned msg in telegram.
shorturl.at/siBH5
Deposit $200 get +100
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned msg in telegram.
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.