ETHUSD Classic Broken Channel Long

19 มิ.ย. 2022

Hello everyone.

As we can see channel trend was broken sending ETHUSD higher. A bullish Divergence identified. Can be happy placing long in relief rally on basis of peaked inflation from the fed.

Let me know your opinions.

22 มิ.ย. 2022

บันทึก

Update: While the price of ETHUSD did retrace as expected here and should continue, major indacators are now flashing bearish meaning the retracement line could be broken. A freefall into $600-$700 level is possible in this scenario. Risk/reward less competitive now.