Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

ETHEREUM Buy Trade Explained - 22 May 2024 #trading #forex #forexsignals #shorts

23 May 2024 · 1 min

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Vladimir Ribakov analyzes Ethereum's technical setup on May 22, 2024. The daily trend line broke upside with higher highs forming, and a falling-wedge triangle on the 4-hour chart also broke up. His plan: buy dips at Fibonacci retracement levels if they hold.

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Hello traders, Vladimir here from Home Trader Club. Does Ethereum have more to offer to the upside? Let's take a look on the charts. Daily trend line was broken to the upside. The market is making higher highs on the price and the indicator. Classical synchronization. On the 4-hour chart, the beautiful falling wedge triangle, you name it, was broken to the upside. And now we have sequence of higher highs, higher lows. I expect to see some pullback towards the Fibonacci levels. And as long as they hold, for me, the plan is buy the dips. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.