Ethereum 28 April 2022

ETH/USD COINBASE:ETHUSD

exlux99

ETH USD 28April 2022

TOP Side = 2950 – 3000 according to Implied Volatility and ATR
BOT Side = 2700 – 2750 according to Implied Volatility and ATR

Expected movement at 28April 00h between 4.5 – 5.5% movement during the day

In terms of fundamentals that can affect ETH
At 14:30 european time(in 4h) we have the release of :
US GDP
US Jobless claims
Both of the them are expected to lower than previous values -> Bearish Movements

So final decision:
Once ETH is going to get closer to 3000 we can go into a short trade with SL above 3050/3100 and aim for 2900-2800

You might be interested in …

Trading View April 22, 2022

APE cooling off – here's the entry level!

APE cooling off – here's the entry level! APE / TetherUS BINANCE:APEUSDT MJI786 Here’s a quick look at the APE 30 min chart . As we can see, the price is cooling off in a […]

Trading View April 9, 2022

Doge – cascade of Sl's

Doge – cascade of Sl's Dogecoin / US Dollar (calculated by TradingView) BINANCE:DOGEUSD Artem_Dishel RIght now the market is going sideways so be careful and use only half of the working volume Doge looks more […]

Trading View March 28, 2022

Axie created a triple bottom

Axie created a triple bottom Axie Infinity / Tether KUCOIN:AXSUSDT tradinbotty axie triple bottom let’s goooo. resistance and support marked on chart. will we make a run to ath? let’s hope BTC stays bullish . […]