ETH/USDT - Bullish and Bearish Scenario - Possible $200 for Nextweek?

ETH/USDT - Bullish and Bearish Scenario - Possible $200 for Nextweek? - 


Leading diagonal - Binance

For this graph, We use Elliott correction Wave (ABC), Long position and Trendline tools.

MacD below

On this graph, we saw leading diagonal Bullish Scenario if ETH reaches the possible bottom $180 - $170


But after that, there's a stronghold and can pull up to bullish scenario with resistance.



Verdict:

We open risk, Good buy at $185 to $170

Stop loss at $160 or $165.


Expecting the Btc will do uptrend and reach the 9k. ETH can reach more than $200 or maybe $210 and these our target to sell.


Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.




#Trend Analysis

#Chart Patterns

#Wave Analysis

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