NewThoughtCrypto

Ethereum – Possible moves for this Trading Week (June 26th).

看多
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
• Ethereum is trading in a range between 1858 – 1916 USD.
• Currently ETH is unable to break the 1930 USD resistance level.
• I expect Market Makers to take advantage of Fed Powell’s speech (June 29 – 30) to take ETH lower. This correction could be a quick liquidity grab, or it may take longer.
• After this correction I think ETH will follow Bitcoin and break the 1930 USD level resistance to the upside. Friday’s (June 30th) PCE number release could be a catalyst to move the market away from the current range.
• Be careful of short wicks up or down. I will look for confirmation before committing to a trade. For example:
Support Levels:
• 1858 USD – Range Low & 0.236 Fib.
• 1830 USD – Liquidity Pool.
• 1820 USD – 21D & 50D EMAs
• 1810 USD – 0.382 Fib & Fixed Range Volume PoC
Resistance Level:
• 1930 – Range high & FRV VAH
• 1990 – Previous Daily level HL
• 2100 – Previous Daily Level HL

Please read My Previous ETH idea (linked) for more context.
NFA.
What do you think? Please share in the comments.
Best wishes to all.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。