ETHUSDT Daily S/R| Price Action| Trend| Trade
Evening Traders,
Today’s analysis – ETHUSDT – trading at a key support that has been respected on multiple attempts,
Points to consider,
- Price Actin Corrective
- Daily S/R Support
- Daily S/R Resistance
- Low Volume
- Rotation
ETHUSDT’s immediate price action is trading at a key support that allows for a bullish bias.
The current objective is the swing high, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when an impulsive move comes – rotation to the highs.
Overall, in my opinion, ETHUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
Today’s analysis – ETHUSDT – trading at a key support that has been respected on multiple attempts,
Points to consider,
- Price Actin Corrective
- Daily S/R Support
- Daily S/R Resistance
- Low Volume
- Rotation
ETHUSDT’s immediate price action is trading at a key support that allows for a bullish bias.
The current objective is the swing high, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when an impulsive move comes – rotation to the highs.
Overall, in my opinion, ETHUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee