$ETH
My analysis according to 4HR Time frame.
am seeing buying opportunities at price 2100 to 2000 why ?
1.strong support at 2059
2.RSI moving towards oversold area
3.my trendline works fine with beautiful touch ( waiting for break )
3 types of place order here am seeing
1. enter after onces liquidation taken by long wicket at area 2070 , rsi at low ( stop loss is too low ) ( profit is big ) = High Risk.
2. waiting for break trendline.
3. after retest trendline.
onces keep in mind it's 4Hour time frame.
2 confirmation is more then enough to place order.
My analysis according to 4HR Time frame.
am seeing buying opportunities at price 2100 to 2000 why ?
1.strong support at 2059
2.RSI moving towards oversold area
3.my trendline works fine with beautiful touch ( waiting for break )
3 types of place order here am seeing
1. enter after onces liquidation taken by long wicket at area 2070 , rsi at low ( stop loss is too low ) ( profit is big ) = High Risk.
2. waiting for break trendline.
3. after retest trendline.
onces keep in mind it's 4Hour time frame.
2 confirmation is more then enough to place order.