Trading suggestion:
(1) There is a possibility of temporary retracement to suggested support line (1477).
(2) if so, can set orders based on Price Action and expect to reach short-term targets
Technical analysis:
. ETHUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day EMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits: 1784.00
SL= S2 1394
(1) There is a possibility of temporary retracement to suggested support line (1477).
(2) if so, can set orders based on Price Action and expect to reach short-term targets
Technical analysis:
. ETHUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day EMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits: 1784.00
SL= S2 1394
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