EthUSDT Analysis, Swing Trade Chart
Analysis:-
Previously Market breaked its structure and started making HH and HL on 4H timeframes. Rsi is at oversold region which shows market can continue its momentum towards upword direction. Yesterday market was at pullback region making another Higher Low and now moving above its next HH. Target is marked according to this structure. There may be bearish movement if market turns from its previous HH and move towards HL that will make Head and Shoulder pattern which can lead the Eth price to 2000$. So cash out your initial investments at previous HH resistance and play with your profits till 3300$ or use trailing stop stops and watch market carefully.
Previously Market breaked its structure and started making HH and HL on 4H timeframes. Rsi is at oversold region which shows market can continue its momentum towards upword direction. Yesterday market was at pullback region making another Higher Low and now moving above its next HH. Target is marked according to this structure. There may be bearish movement if market turns from its previous HH and move towards HL that will make Head and Shoulder pattern which can lead the Eth price to 2000$. So cash out your initial investments at previous HH resistance and play with your profits till 3300$ or use trailing stop stops and watch market carefully.
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