ETHUSD Charting update
The pair dip didn’t come as a surprise.
If you’ve been following this pair update here, you will understand the situation better.
At this moment, buyers are able to secure a visible and feasible trading structure for the next level.
A trendline break can of course help the coin price shoot higher.
Gains are expected to be taken at 1700 - 1750 USD.
Since the third swing points are not always reliable, a spike can push the coin price to approx. 1900 USD.
**Sentiment: Bullish **
Decision rule: Buy now or wait for a trendline break. If you must give up on unexpected drawbacks, let it be around 1428 USD
If you’ve been following this pair update here, you will understand the situation better.
At this moment, buyers are able to secure a visible and feasible trading structure for the next level.
A trendline break can of course help the coin price shoot higher.
Gains are expected to be taken at 1700 - 1750 USD.
Since the third swing points are not always reliable, a spike can push the coin price to approx. 1900 USD.
**Sentiment: Bullish **
Decision rule: Buy now or wait for a trendline break. If you must give up on unexpected drawbacks, let it be around 1428 USD
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