Ethereum, Excellent Long-Term Hunting Opportunity in ETHUSD!!

Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (799.300 to 738.500), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

• Beginning of entry zone (799.300)
  
• Ending of entry zone (738.500)
  

Technical analysis:

• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  
• Relative strength index (RSI) is 49.
  

Take Profits:
TP1= @ 864.500
TP2= @ 965.400
TP3= @ 1151.600
TP4= @ 1229.700
TP5= @ 1415.950
TP6= @ Free

评论:

Midterm forecast

Midterm forecast:
. While the price is above the support 553.100, resumption of uptrend is expected.
. We make sure when the resistance at 965.400 breaks.
. If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (799.300 to 738.500), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

. Beginning of entry zone (799.300)
. Ending of entry zone (738.500)

Technical analysis:
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 43.

Take Profits:
TP1= @ 864.500
TP2= @ 965.400
TP3= @ 1151.600
TP4= @ 1229.700
TP5= @ 1415.950
TP6= @ Free