ETH finally broken out. Potential 50% bounce

2022年7月16日

Market finally bounced after Bitcoin recovery toward 23k. This move caused accumulated altcoins bounce harder and outperform bitcoin in recent days. ETH as a leader to altcoins successfully broke out of consolidating channel with decent volume and by reclaiming MA200 paved the way for other altcoins to recover. with current market condition i believe we will see altcoins to gain more than bitcoin it self and Ethereum can move up to supply zone of 1900$. 1700$ will be a key resistance to break.

i will take below trade based on my analysis. please DYOR before entering any position.

🛒 Pair: ETH/USDT 🛒
== SPOT==
⏰ 1401/04/25 ⏰
🕰 17/07/2022 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
#89
🛒 Buy : 1250 - 1290 🛒

👉Sell Targets👈
🎯TP1: 1400 🥉
🎯TP2: 1500 🥈
🎯TP3: 1600 🥇
🎯TP4: 1700 🚁
🎯TP5: 1800 ✈️
🎯TP6: 1900 🚀
⛔️ SL: 1120 by closing H4 below