In the recent trend, ETHUSD price tested the $3900 support level twice and bounced back into the red zone again. The price climbed to $4300 and may continue to rise towards the set target of $4500-4700 range.
In the short term, the price is confined to the $3900-4300 range and my team believes that the trading strategy will be to enter trades based on the upper and lower boundaries of the range and take profits on the spreads. The profits can add up to be quite substantial.
In the short term, the price is confined to the $3900-4300 range and my team believes that the trading strategy will be to enter trades based on the upper and lower boundaries of the range and take profits on the spreads. The profits can add up to be quite substantial.
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Where the arrow appears may be an inflection point in the direction of price movement.
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