Wish it could go green line!
Possible 2 scenarios might be developed for ETHUSD pair are:
1. Green line one:
First Drop to test 700 days MA said it is around 2100 - 2150 which we will buy more.
Then break the major pressure line (360 MA). And challenge 200 days MA.
2. Purple line one:
Which range trading between 300 and 400 days MA, then forming a bullish Flag, then challenge 200 days MA.
note: this is not financial advise. It is only for personal record.
1. Green line one:
First Drop to test 700 days MA said it is around 2100 - 2150 which we will buy more.
Then break the major pressure line (360 MA). And challenge 200 days MA.
2. Purple line one:
Which range trading between 300 and 400 days MA, then forming a bullish Flag, then challenge 200 days MA.
note: this is not financial advise. It is only for personal record.
Note
First target reached.
Possible develop as shown on the chart, the new purple line.
Note
Backtest support, V Form, W form or Ping Bar rebounce is expected.
Trial Gird Long.
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