ETH Lovers!
Ethereum has recently broken its strong support structure between $3150 - $3200. Now it is trading well above this zone. It is more likely that we can see a pull back to this zone again before we can observe it going back to the $3500 - $3525 structure zone. So to me, we should see a possible buy entry for the ETH to take it back to the $3500 structural zone.
Ethereum has recently broken its strong support structure between $3150 - $3200. Now it is trading well above this zone. It is more likely that we can see a pull back to this zone again before we can observe it going back to the $3500 - $3525 structure zone. So to me, we should see a possible buy entry for the ETH to take it back to the $3500 structural zone.
Note
So the potential entry point for the long trade is around $3200 and the potential target of the #eth long trade is $3500.
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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.