Condizioni di trading
Strumenti
Ethereum dropped more than expected through the $1,710 low on Friday before bouncing back sharply. The crypto is seen to be trading close to $1,800 at this point in writing and is expected to continue higher towards $3,000 at least. It is seen to be carving a Pin Bar / Hammer candlestick pattern on the daily chart after bouncing off $1,710.
Ethereum bulls are now looking determined to come back in control and produce a religious rally towards $3,000 and up to $3,500 in the next few trading sessions. The crypto is unfolding a corrective rally (potential standard flat) since the $1,700 lows and is expected to rally into its last wave higher towards the $3,500 mark.
Ethereum is retracing its larger degree downswing between $4,850 and $1,700 and is expected to terminate it around the Fibonacci 0.618 retracement, which is seen at around $3,550 as seen on the daily chart. Traders might be preparing to add further longs now and carry on through $3,500 before reversing.
Potential rally through $3,500 against $1,700
Good luck!
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.