ETHUSDT is holding the $1100 support for a while.
100MEA is also supporting the price since the last few candles close.
Break and close above the $1253 level which happens to be the local resistance could trigger a rally toward $1723.
The price must hold the 100MA for this scenario to play out.
Invalidation: - A close below the green zone. Level $1078
Let me know what you think. Do hit the like button if you like my updates.
Thank you
#PEACE
100MEA is also supporting the price since the last few candles close.
Break and close above the $1253 level which happens to be the local resistance could trigger a rally toward $1723.
The price must hold the 100MA for this scenario to play out.
Invalidation: - A close below the green zone. Level $1078
Let me know what you think. Do hit the like button if you like my updates.
Thank you
#PEACE
Trade active
This is just a possibility. As I used the word technically not necessarily.Do not take this as a piece of financial advice.
Am still skeptical about this.
Let's see if it can break the $1253 level this week.
If not expect a drop of around $1067.
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Related publications
Disclaimer
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