Helical_Trades

ETH/USDT : Alert for ALTs !

BINANCE:ETHUSDT   Ethereum / TetherUS
ETHUSDT
Hello everyone 😃

We got 2 targets on #ETH with 28% fixed profit.
#ETH has reached the major resistance zone; Now there will be a danger for whole market to form bearish reversal from their current levels.
But there also can be a possibility for #ETH to go sideway before any major movement !
So It's better to follow the indicators for now, Volatility has reached the buy limit zone and the bearish divergence will control the movement...
Bollinger Bands shows the 2nd broke above as #ETH reaches the danger zone.
- Also you can use this opportunity to do some scalps/swings to take the maximum advantage of current structure.

📚 If #ETH broke above the zone and take hold, Then there's will be a high chance for bulls to rush the pair to marked targets !
- So you can set your bids above the mentioned danger zone.

⁂ What's the plan for next days before the major movements ?
#ETH can stay here at red zone for few days before going REAL REVERSAL.
Late pumps in Few ALTs can still continue while #ETH keeps sideway at top.

📊 You can track #ETH's movement with #BTC's current situation !
If #BTC break above $51.5K's resistance, Then #ETH most follow it.
Also you can identify the drop with #ETH's rejection below the zone...

Which levels we should watch for correction ?
- Based on FIB's levels, $2726.85 can be a good retest zone for #ETH after the reversal's confirmation;
Also the bullish trendline can hold the pair so you set your targets near/above them.
📚 You can use 12H's EMAs to recognize the stiff stands for bulls

Hope you enjoyed our analysis about #ETH's possible directions🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼‍♂️

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

🔴 Don't forget to join our channels for FREE Premium stuffs !

TELEGRAM :
t.me/Helical_Trades

Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.