TheBullishBaes ETH Idea
ETH was on a brief uptrend but was broken after rejecting the 2041 area and forming lower highs and lower lows.
Looking for a drop to next support area @1924. It could bounce from there and continue uptrend or continue falling down to 1880 area.
I am overall still bearish as my moving averages indicate a bearish sentiment and Stochastic RSI is in overbought levels.
SL= 2041
TP1 1924
TP2 1866
TP3 1803
Just an idea and my analysis -- what do you all think? Make sure you leave a like/comment if you enjoyed my idea.
ETH was on a brief uptrend but was broken after rejecting the 2041 area and forming lower highs and lower lows.
Looking for a drop to next support area @1924. It could bounce from there and continue uptrend or continue falling down to 1880 area.
I am overall still bearish as my moving averages indicate a bearish sentiment and Stochastic RSI is in overbought levels.
SL= 2041
TP1 1924
TP2 1866
TP3 1803
Just an idea and my analysis -- what do you all think? Make sure you leave a like/comment if you enjoyed my idea.
Trade closed: target reached
Target reached!!!
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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.