ETH - Critical Zone! 🛑
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ETH is currently sitting around 1700 resistance zone. Is it time for a correction?
⚔️ For the bears to take over, and start a correction till around 1500, we need a break below the red wedge pattern and red zone.
🏹 Meanwhile, the bulls would be in control, and if we break above 1700, then a movement till 2000 resistance would be expected.
📉Which scenario do you think is more likely to happen? and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH is currently sitting around 1700 resistance zone. Is it time for a correction?
⚔️ For the bears to take over, and start a correction till around 1500, we need a break below the red wedge pattern and red zone.
🏹 Meanwhile, the bulls would be in control, and if we break above 1700, then a movement till 2000 resistance would be expected.
📉Which scenario do you think is more likely to happen? and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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