ETH trade idea
Most likely, the price will roll back to the red zone (177 - 178.30).
There will be little consolidation, ideally with false breakdowns down. Then there will be a rollback price to 173.
But if there is activity on the part of buyers and perhaps we see a price action, then there will be an increase in price to trend.
A corridor between the MAs can form, which will lead to a retest to the trend.
It will be difficult to break through it, but if it breaks through, the price will rise to 186.
There will be little consolidation, ideally with false breakdowns down. Then there will be a rollback price to 173.
But if there is activity on the part of buyers and perhaps we see a price action, then there will be an increase in price to trend.
A corridor between the MAs can form, which will lead to a retest to the trend.
It will be difficult to break through it, but if it breaks through, the price will rise to 186.
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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.
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.