ETH has broken out from downtrend and market sentiment has turned bullish overall. So it is expected to go up until it reaches 4000$ (70%) where a long term resistance is found.
Any further bullishness post 4000$ depends on future market conditions and price action at that point of time, as it is a long term resistance which would be more difficult to break.
Fibonacci retracement is used to find potential temporary selloffs in this up move. This move could potentially end the medium term bearish sentiments in ALT Coins.
Note: For educational purposes only. DYOR before investing or trading.
Any further bullishness post 4000$ depends on future market conditions and price action at that point of time, as it is a long term resistance which would be more difficult to break.
Fibonacci retracement is used to find potential temporary selloffs in this up move. This move could potentially end the medium term bearish sentiments in ALT Coins.
Note: For educational purposes only. DYOR before investing or trading.
Trade fechado: objetivo atingido
Trade idea successful as target price reached. ETH price is facing resistance at long term trendline. There has to be a decisive break for it turn bullish again. Until then it would move sidewise or face correction in the near term.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.