CrazyS

Ethereum 1h-4h Long Position

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BINANCE:ETHUSDT   Ethereum / TetherUS
ETHUSDT
Previous price targets and price movements were well predicted.
Due to the support of the price in the daily time and 4 hours in the range of 1704 to 1735, currently the price floor has been able to move the price up well.
Of course, there are important resistance levels against the price !
If the price can break the trend line in 4 hours and 1 hour, it is likely to move to the range 1800-1820. After that, a price correction can be expected.
  • If we enter into a long position, the best stop-loss can be below 1704 (below 1659 is better for longer positions).
  • If the price is supported in 4 hours, it is possible that it will move to the level of 1936. The best take-profit for a long position is the area below 1936 around the red rectangle.
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