Ethereum has recently broken the downward channel down, thereby accelerating its fall. The first stop after this maneuver was at $1,000.
Since the price is now in a range and is forming an accumulation of energy, we can see trading in a range, where the price will move from the upper limit to the lower one and vice versa.
I suppose that relative to the resistance of 1261, we can see a false breakdown (shake up), after which the price may go down. We expect the price to fix after a false breakout and there is a chance to roll down. The short term target is support at 1165 and the medium term target is the liquidity zone around 1000.
Sincerely, R. Linda!
Сделка активна
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Сделка закрыта: достигнута тейк-профит цена
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+20% target 2 reached ✅🤩 With 20x leverage, you could earn +400%
A correct assessment of the situation and a competent analysis can give such gorgeous results. a few deals a month and you're rich💪
I already entered at 1429 with 3 leverage am holding Eth long term, if we go again to 1060 I will buy more and bring my average entery to around 1290 , what do you think about that idea
RLinda
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@halichearezki19, I don't like averaging positions. Therefore, you only need to build on your trading system.