ETHUSD pair looks like want to challenge 200 Day MA, it might be walking the following 2 Scenario that we guess:
1st Scenario: Blue line, a possible ascending triangle development.
2nd Scenario: Green line, possible Back test 120 MA and 10 days MA
1st Scenario: Blue line, a possible ascending triangle development.
2nd Scenario: Green line, possible Back test 120 MA and 10 days MA
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>>1st Scenario: Blue line, a possible ascending triangle development.
Maybe an Ascending Triangle Development:
Maybe an Ascending Triangle Development:
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200 D MA Target Reach. Rolling Stop Profit to the green zone(2 blue+2 red line Zone)
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Sellers are killing Sellers at this moment.
Looks like aim at 360 Day MA(2080-2100)
Sellers are killing Sellers at this moment.
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Profit Taking, Trade Close.
Partial profit taking.