ETHEREUM RALLIED AS EXPECTED. IS $3.8K POSSIBLE?
Welcome members to this update on ETH update.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
ETH rallied as expected and till now we have made a great profit on this. So far we are 23% up on ETH and this holding was purely on spot. Now, as ETH has already rallied this high, what could be the upcoming scenario on ETH? Well, I am expecting some retracement soon. The market can't just keep making greens, it needs a balanced act between the red and green candles.
We have strong resistance at 3.6k which is the level I am expecting ETH to reach and then retrace back to 3.4k making support level. If ETH gets rejected now then 3.2k to 3k could be the possible drop levels.
What's your idea on ETH? Do let me know.
Like and follow for more updates.
Thank you.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
ETH rallied as expected and till now we have made a great profit on this. So far we are 23% up on ETH and this holding was purely on spot. Now, as ETH has already rallied this high, what could be the upcoming scenario on ETH? Well, I am expecting some retracement soon. The market can't just keep making greens, it needs a balanced act between the red and green candles.
We have strong resistance at 3.6k which is the level I am expecting ETH to reach and then retrace back to 3.4k making support level. If ETH gets rejected now then 3.2k to 3k could be the possible drop levels.
What's your idea on ETH? Do let me know.
Like and follow for more updates.
Thank you.
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