ETHUSD: Broke bull trend line
Updated
ETHUSD: ETHUSD formed bullish rally from 2480, and 2630 looks like resistance.
it retraced from resistance level again, and fresh bearish rally
started from here, broke 1 hr bullish trend line,
As per classic trend line breakout, looking for short setup at R: 2630
!!strong close above that price should be bullish move
*trade channel based on hourly chart.
Technical- Based on S/R and trend channel :
- Resistance: 2630, bearish rally point
- support: 2480
! leave feedback please.
Image-
it retraced from resistance level again, and fresh bearish rally
started from here, broke 1 hr bullish trend line,
As per classic trend line breakout, looking for short setup at R: 2630
!!strong close above that price should be bullish move
*trade channel based on hourly chart.
Technical- Based on S/R and trend channel :
- Resistance: 2630, bearish rally point
- support: 2480
! leave feedback please.
Image-
Trade active
Long position at 2535, and still looking for short position at 2630.Trade closed manually
Need correction in trend line, price didn't trigger.
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