CryptoStation

Ⓜ️Ethereum/USDT Analysis (11/2) #ETH $ETH

BINANCE:ETHUSDT   Ethereum / TetherUS
ETH is still increasing steadily and has not had a strong breakout, so we can expect a strong rally in this February.
ETH has just opened a Futures contract on the CME exchange, this is a sign that there will be a strong price movement and I am confident that there will be a pump to $2000 and $2500 zones.
A good buy zone for ETH at the moment is $1600, if ETH loses this zone then $1400 zone is still very reliable to buy.

📈BUY
-Buy: 1600-1650$. SL if B

📉SELL
-Sell: 1950-2000$. SL if A
-Sell: 2450-2550$. SL if A

♻️BACK-UP
-Sell: 1600-1650$ if B. SL if A
-Buy: 1400-1450$. SL if B

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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