ETH 4h technical analysis
Hello everyone, hope you all doing good. I'd like to share with you my opinion on ETH.
* This is not a financial advice, use the idea with your own strategy and risk management *
as you can see, we had a good channel in 4h chart, and with crypto market crashing, we broke out of it.
it might still be a false breakout and stop loss hunt for a bigger ride but we have to consider everything.
here you can also see weekly map on chart, to clarify what a weekly map is I gotta say it marks highs and lows of each week and lets just say price likes to go back to these levels. considering that, I have marked all the supports that price might pay a visit with red lines which are 3884,3679 and 3369.
I'd like to see some strong bull candles on support zones, and I have two possible scenarios on this chart which are also drawn on the chart.
and my first target would be 4460.
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
* This is not a financial advice, use the idea with your own strategy and risk management *
as you can see, we had a good channel in 4h chart, and with crypto market crashing, we broke out of it.
it might still be a false breakout and stop loss hunt for a bigger ride but we have to consider everything.
here you can also see weekly map on chart, to clarify what a weekly map is I gotta say it marks highs and lows of each week and lets just say price likes to go back to these levels. considering that, I have marked all the supports that price might pay a visit with red lines which are 3884,3679 and 3369.
I'd like to see some strong bull candles on support zones, and I have two possible scenarios on this chart which are also drawn on the chart.
and my first target would be 4460.
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
First scenario played out, target reached, save some profit
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน