BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
ETH is retesting its highs like the rest.

Question remains... what is next for ETH?

IF we break and hold below our current highs around 1900$ expect a retest of 1850$ and the lows of the range at 1735$.

The plan is straight forward and will be applied in correlation with BTC and its ranges.
For now on the sideline and waiting for PA to show us the way.

Similarly to the OP and ADA plan, the ETH plan will be validated by the BTC ranges. You do not want to be front ran on these trades.

------ STUDY THE BTC RANGES AND THEIR PA FOR DIRECTIONAL BIAS ------

High of range: 1900$
Low of range: 1735$

TP: 1850$
TP: 1735$

Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.