Time Frame:4H Symbol: ETHUSDT Entry: 2749.51 T.P: 3260.24 S.L: 2605.44 Bias: Long
This is a very interesting instrument and after BTCUSDT,it has gained vast popularity. The key concept behind these signals is nothing but the classical interplay of supply and demand . The obvious pattern that we discover here is that of a bullish strength. The buying pressure is stable and there is an obvious and established price level to support the bullish pattern. After considering the RSI and static /dynamic support and resistance levels we believe that we can expect a high probability long trade from the current context.
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