Price coming back to Daily Demand Zone of 1295 - 1321, which is also a past resistance still acting as a good support.
Buying Zone - 1295 to 1321, SL-1273
De-risk the trade at 1367
Target 1- 1450
Target 2 - 1550 +
Crossing and closing above 1370 is crucial for further upmove.
This is my First chart in Crypto..
I am bullish on ETH
Can go Long, buying zone 302-307 with SL 300
Target 1 - 322-324
Target 2 - 344 -349
Target 3 - 370
Expect to reach targets in couple of weeks.
Lets see how the price Action works here, as the buying zone has been a previous resistance and acting as a strong support now.
Please Comments if any suggestions.
Recent Fall in NIFTY, reacting to Global markets.
Immediate Support can be seen at 10043 - 10067.
Reacting to this zone, Price can bounce back to 10123.
However if NIFTY continues the down trend due to Global and Local pressure, the next Good Support is in 9800 zone.
Any suggestions, please do comment.