Ethereum / TetherUS PERPETUAL CONTRACTViés de alta
Ethereum – Possible moves for this Trading Week (June 26th).
• Ethereum is trading in a range between 1858 – 1916 USD.
• Currently ETH is unable to break the 1930 USD resistance level.
• I expect Market Makers to take advantage of Fed Powell’s speech (June 29 – 30) to take ETH lower. This correction could be a quick liquidity grab, or it may take longer.
• After this correction I think ETH will follow Bitcoin and break the 1930 USD level resistance to the upside. Friday’s (June 30th) PCE number release could be a catalyst to move the market away from the current range.
• Be careful of short wicks up or down. I will look for confirmation before committing to a trade. For example:
Support Levels:
• 1858 USD – Range Low & 0.236 Fib.
• 1830 USD – Liquidity Pool.
• 1820 USD – 21D & 50D EMAs
• 1810 USD – 0.382 Fib & Fixed Range Volume PoC
Resistance Level:
• 1930 – Range high & FRV VAH
• 1990 – Previous Daily level HL
• 2100 – Previous Daily Level HL
Please read My Previous ETH idea (linked) for more context.
NFA.
What do you think? Please share in the comments.
Best wishes to all.
• Currently ETH is unable to break the 1930 USD resistance level.
• I expect Market Makers to take advantage of Fed Powell’s speech (June 29 – 30) to take ETH lower. This correction could be a quick liquidity grab, or it may take longer.
• After this correction I think ETH will follow Bitcoin and break the 1930 USD level resistance to the upside. Friday’s (June 30th) PCE number release could be a catalyst to move the market away from the current range.
• Be careful of short wicks up or down. I will look for confirmation before committing to a trade. For example:
Support Levels:
• 1858 USD – Range Low & 0.236 Fib.
• 1830 USD – Liquidity Pool.
• 1820 USD – 21D & 50D EMAs
• 1810 USD – 0.382 Fib & Fixed Range Volume PoC
Resistance Level:
• 1930 – Range high & FRV VAH
• 1990 – Previous Daily level HL
• 2100 – Previous Daily Level HL
Please read My Previous ETH idea (linked) for more context.
NFA.
What do you think? Please share in the comments.
Best wishes to all.
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Publicações relacionadas
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.