Yesterday witness massive declined which break major support at 166$ and this triggered my view of major decline incoming for ethereum with target pointing towards 108$-115$ which will probably equivalent to about 88% correction of the previous rally from Dec 2018.
Meanwhile, if we have sudden pull back of price above the stated zone will implies a possible change of direction.
Kindly follow the suggested zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Meanwhile, if we have sudden pull back of price above the stated zone will implies a possible change of direction.
Kindly follow the suggested zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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