ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Currently, $ETH's moving below the S/R zone ( Grey zone ) and it comes with a possibility to take Short with an invalidation above $3305's resistance.
- If you're going to Short the pair here; You need to know that the invalidation must come with active management ( Candles closing ).
Now as we talked about the first scenario, It's better to head to our main scenarios!
📉 Bearish Scenario: If $ETH manages to break below the mentioned trendline, Then it'll be a good spot to locate your Short with the same Invalidation and target projection...
- Be noted that the rejection below the trendline will confirm bears' weakness!
📈 Bullish Scenario: If $ETH manages to break above $3305, It'll come up with a Long opportunity on the proper retest of the broken line.
- Also there'll be another possibility to take Long above $3500, Just like the last terms of Long on $3305...
🔴 Be cautious that I'm currently neutral bearish on $BTC's macro status and I won't mind taking a Mid-Term or Long-Term Long position on Alt-Coins yet!
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Currently, $ETH's moving below the S/R zone ( Grey zone ) and it comes with a possibility to take Short with an invalidation above $3305's resistance.
- If you're going to Short the pair here; You need to know that the invalidation must come with active management ( Candles closing ).
Now as we talked about the first scenario, It's better to head to our main scenarios!
📉 Bearish Scenario: If $ETH manages to break below the mentioned trendline, Then it'll be a good spot to locate your Short with the same Invalidation and target projection...
- Be noted that the rejection below the trendline will confirm bears' weakness!
📈 Bullish Scenario: If $ETH manages to break above $3305, It'll come up with a Long opportunity on the proper retest of the broken line.
- Also there'll be another possibility to take Long above $3500, Just like the last terms of Long on $3305...
🔴 Be cautious that I'm currently neutral bearish on $BTC's macro status and I won't mind taking a Mid-Term or Long-Term Long position on Alt-Coins yet!
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/