Trends, trend strength, Buyers vs Sellers, who is stronger, any technical pattern, support - resistance, whether there will be a breakout or breakdown of the trend line, this is what my EagleEye Setup does. I plan trades using this EagleEye setup. I only plan trades in Long/Buy trades and Short/Sell trades when the setups mentioned below are formed. 🙏❤
$ETH Channel pattern support trendline has created a perfect EagleEye setup, signals are indicating upward movement from here, let's see what happens, the trade has been taken.
Today's opening balance is $13.26, let's see how much we can grow it today. Today, I will also trade with 0.1 lot on $ETH . The plan is to make $7 to $8 with a risk of $3 👍 Whenever my EagleEye setup is ready, I will plan the trade.
What amazing support has been taken by $ETH #BOoOoM
G A N E S H
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Bullish
$ETH is trading on a very important support zone, there is a higher chance of showing bullishness by taking ETH support from here. I have provided the charts for 15M, 1H, and 4H below.
If we look at the volume on the 4H candle chart, it shows that sellers are getting weaker, and if we look at the volume on the 1H candle chart, we can understand that buyers are holding at the support zone. If we create our EagleEye Setup above the 2810 level, it could lead to a very good LONG trade. However, if we see a strong breakdown on the 1H candle chart, there could be further decline in ETH, and if our EagleEye Setup becomes active on the 1H chart, we could see ETH falling to the 2600 level.
Now we need to see whether buyers or sellers get trapped from here. 👍 What is your opinion? Please let me know by commenting. 🙏 {future}(ETHUSDT)