CryptoPatel

ETHUSD Bullish Technical Overview Towards $252 and 30% profit

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CryptoPatel Uppdaterad   
BITFINEX:ETHUSD   Ethereum
ETHUSD TA Update:

ETHUSD Current price is $213.45.
According to TA if we crossed $218 then we can see next move towards $246 and $252.
Bitcoin Halving is very near so market is very Volatile.

First Resistance is $218 after this break next Stop would be $246.

so I am watching closely guys.

FRACTALS:
In chart I show the last fractals how to work ETHUSD in red box.
after red box every time ETHUSD pump 5-10%.
so now same fractal happening in red box I can expect another 10% spike expect.

Support: if we talking about Trend line support then $200 is very Strong support to hold Bull if this support break then we can see huge drop in ETHUSD .
so keep an eye on this Trendline support .

after this trend line support one more support 100EMA also you can see in chart.
so 100EMA support is $200.

Resistance: If we talk about Resistance the $218 is first Minor Resistance to break bull spike.
if break $218 resistance level then I can see ETHUSD price would be around $250.

What do now..?
According to me I am holding my long which entry was $208 and if price drop then I will wait for 4 hours candle close.
if candle close bellow support then I will close my long with minor loss and will open short position to recover minor loss and earn huge profit.
now holding my long position so now I am riding my long.

Why Stop loss..?
Stop loss is very important in this Volatile market.
because I can expect minor loss.
if I loss huge then I can't except.

so I always use Tight Stop loss in this Volatile Market.

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Thank you
Handel aktiv:

ETHUSD Looks Bullish mode.
So I told you last post to open long position at $208.
If you holding now huge profit.

I am also holding guys.

If break upward $218 Resistance then Next target would be $228 and after this we can see $252

Keep an eye on chart:

Support : $208/$200
Resistance : $218/$228/$252/$274

Keep an eye guys.

I always use Tight Stop loss in this Volatile Market.

Guys Please Click LIKE Button and appreciate me.

Don't forget to Like and Follow me for latest crypto updates.

Thank you
Handel aktiv:
Stop loss hit and Opened short bellow Support.

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