It is still early once more to call for a reversal but so far it looks good.
✔️ We had three candles hitting the 0.5 Fib. retracement level but all closing above it.
✔️ Yesterdays candle was a hammer thus giving this signal further strength.
✔️ Today we have a full green candle with high buy volume on average.
All these early signals point to a potential support being set at yesterdays wicks low.
From here, ETHUSDT can grow.
Note: This analysis is invalidated on a daily close below $1,366.
Namaste.
✔️ We had three candles hitting the 0.5 Fib. retracement level but all closing above it.
✔️ Yesterdays candle was a hammer thus giving this signal further strength.
✔️ Today we have a full green candle with high buy volume on average.
All these early signals point to a potential support being set at yesterdays wicks low.
From here, ETHUSDT can grow.
Note: This analysis is invalidated on a daily close below $1,366.
Namaste.
Note
LONG ETHUSDTLeverage: 8X
Buy-in: $1,400 - $1,485
Targets:
1) $1,640
2) $1,840
3) $2,022
4) $2,390
5) $2,580
Stop-loss: Close daily below $1,360
Liq. price: $1,290
Potential profits: 614%
Capital allocation: 4%
Date: 11-Mar-2023
Note
Targets:1) $1,640 |Hit 13-Mar (+92%)
2) $1,840 |Next target
3) $2,022
4) $2,390
5) $2,580
Note
Targets: 1) $1,640 |Hit 13-Mar (+92%)
2) $1,840 |Hit 18-Mar (+200%)
3) $2,022 |Next target
4) $2,390
5) $2,580
Note
Targets:1) 1,640 |Hit 13-Mar (+92%)
2) 1,840 |Hit 18-Mar (+200%)
3) 2,022 |Hit 13-Apr (+300%)
4) 2,390 |Next target
5) 2,580
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