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#ETH shakeout…it’s time for $4900?

#ETH shakeout…it’s time for $4900?

#ETH analysis 19. 05.2021!

TRADINGVIEW LINK

Binance, #ETH, H2.

>> Previous analysis: unrealized!

Currently:
Global: Upward trend (volume zone coverage).
From a larger interval: buy zone zones shopping schedule.
Green zone: volumetric. SL and TP proposals on the right side of the chart.
I expect a slight decline and another upward wave – $ 4900 as the final PIK.

Channels designated.
Strong support: $ 1850

CONDITION!
UP from the green zone.

Red zone = SHORT
Green zone = LONG
Raising from the top “W” – upward = SHORT
Break from the bottom “S” – downward = LONG

📊 TREND

We can observe:
1D – negative
H4 – negative
H1 – positive

💡 TIP

REMEMBER that a change in the price direction also occurs when the dominance in a given direction is deactivated!
REMEMBER to always consider 2 scenarios and think wisely about your deposit!
REMEMBER to follow the MM in the positions!

Stay safe!
Aloha! 🤙🏼

!!!
RISK WARNING! None of the analyzes or information contained in this analysis is an investment recommendation within the meaning of the Regulation of the Minister of Finance of October 19, 2005 on information constituting recommendations regarding financial instruments or their issuers (Journal of Laws of 2005, No. 206, item 1715). ). The analyzes and information are the private suggestion of the author, who is not responsible for the actions performed and the profits or losses incurred.

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