ETH/USDT (Upward Trendline Still Valid?)
BINANCE: ETHUSDT
-Ethereum tested the upward trendline of support
-We saw a good bounce from 307 up to 391 dollars
-So the uptrend still valid during this time
-But the Bulls must defend the local support around 330 dollars
-Where the trendline coincide and the 100D dynamic support
-My Daily period bias is still with the Bulls
-As long as this trendline of support is holding
-Long position traders will definitely have stop loss below $305
-And targetting the recent swing top at 489 dollars
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)
-Ethereum tested the upward trendline of support
-We saw a good bounce from 307 up to 391 dollars
-So the uptrend still valid during this time
-But the Bulls must defend the local support around 330 dollars
-Where the trendline coincide and the 100D dynamic support
-My Daily period bias is still with the Bulls
-As long as this trendline of support is holding
-Long position traders will definitely have stop loss below $305
-And targetting the recent swing top at 489 dollars
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)
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