ETH has fallen after the Merge. We can see that the bearish flag was broken down, in 1D TF.
RSI's trendline was also broken which increases the probability that prices will continue the down direction.
In 1W TF, the previous support (now becoming the new resistance) was lost. Logicaly, ETH would revisit the currect support where I put the final target for this trade.
Here below is the view in 1W TF:
การซื้อขายยังคงดำเนินอยู่:
TP1 $1220 was hit.
ปิดการเทรด ด้วยตนเอง:
BTC and the whole market is strong. Better close trade here and wait for a reactivation later.
การซื้อขายยังคงดำเนินอยู่:
Trade reactivated
ปิดการเทรด ด้วยตนเอง:
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)
specially with MFI (to be confirmed)
การซื้อขายยังคงดำเนินอยู่:
BTC is weak although stock has risen.
ปิดการเทรด ด้วยตนเอง:
Trade closed waiting for better entry and condition.
