Hi
Eth currently sits at $2326 writing this entered on $2212 currently on 50% Profit
2nd Wave of Bullrun we saw ETHUSDT drop down to $1956 before picking up and dropping yesterday more than 20% Today my chart analysis will be a Long position with TP1 at $2913 and TP2 at $3189
The last support lies at $2099 which is it clearly broken, if it does revert down to $2099 we can see a downtrend back to support at $1764 which is highly unlikely from the chart analysis
If continues the bulltrend which the 4hr chart supporting currently we can TP higher than $3189 to be determined at later date , SL should be at $2100-$2099 not below this.
Eth currently sits at $2326 writing this entered on $2212 currently on 50% Profit
2nd Wave of Bullrun we saw ETHUSDT drop down to $1956 before picking up and dropping yesterday more than 20% Today my chart analysis will be a Long position with TP1 at $2913 and TP2 at $3189
The last support lies at $2099 which is it clearly broken, if it does revert down to $2099 we can see a downtrend back to support at $1764 which is highly unlikely from the chart analysis
If continues the bulltrend which the 4hr chart supporting currently we can TP higher than $3189 to be determined at later date , SL should be at $2100-$2099 not below this.