ETHUSDT is Consolidating with stable uptrend/Trading Strategy

29 сент. 2021 г.

ETHUSDT
[4H trend chart]
-
1) Strong support from uptrend line
2) Downtrend line was broke out
3) Vegas_12ema was broke out
-
Profit Targets:
1) 3163-----Around resistance zone
2) 3285.35-----Next Downtrend line and Reverse Fib(0.382) level
Stop losses:
1) 2780-----Green horizontal ray

30 сент. 2021 г.

Заметка

Price touched 2780 and left a low shadow line; Therefore, stop loss didn't trigger.
Next, should notice a downtrend line might be a resistance around 3000 and now ETHUSDT is close to it.
So you guys could take a profit anytime if you want, or could wait for TP(1) 3163.
Have a good trading day.