ETH-USDT - December 05
Etherium got rejected at its support of 1234 and now its up at 1298. Now the main question is that ETH can sustain the rise above its resistance of 1342 or not.
Today candle was started outside the triangle and may be retest the 1250 area. Right now 1230 - 1290 is its strong support and if breaks then it will go down 1150. If Etherium holds its support and break its resistance of 1342 then 1470 will be its strong resistance which should be broken for further upward movement otherwise it will be down.
Weekly Chart
----------------
Bear flag in weekly chart is going very fine as per plan and right now its showing more down. If you see the weekly chart then you can get idea that how much down it can go.
ETC-USDT
------------
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
Today candle was started outside the triangle and may be retest the 1250 area. Right now 1230 - 1290 is its strong support and if breaks then it will go down 1150. If Etherium holds its support and break its resistance of 1342 then 1470 will be its strong resistance which should be broken for further upward movement otherwise it will be down.
Weekly Chart
----------------
Bear flag in weekly chart is going very fine as per plan and right now its showing more down. If you see the weekly chart then you can get idea that how much down it can go.
ETC-USDT
------------
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.