Price Action

Thursday, November 16 2023
PLATINUM
03:24 pm (GMT +0200)
30 minutes Timeframe

ETHUSD is currently trading between 905.11 and 889.39.  Etherium is expected to find its first resistance at 905.11, and a rise through could take it to the next take profit level of 911.40. A protective stop loss at 889.39 is highly recommended.

Should ETHUSD manage to breach below the support at 889.39, it will eliminate the bullish scenario, generating a sell signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
911.40

direction
Target 2
914.54

direction
Target 3
920.83

direction
Target 4
928.69

entry
Entry
905.11
entry
Stop Loss
889.39

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Thursday, November 16 2023
PLATINUM
03:24 pm (GMT +0200)
30 minutes Timeframe

ETHUSD is currently trading between 905.11 and 889.39.  Etherium is expected to find its first resistance at 905.11, and a rise through could take it to the next take profit level of 911.40. A protective stop loss at 889.39 is highly recommended.

Should ETHUSD manage to breach below the support at 889.39, it will eliminate the bullish scenario, generating a sell signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
911.40

direction
Target 2
914.54

direction
Target 3
920.83

direction
Target 4
928.69

entry
Entry
905.11
entry
Stop Loss
889.39

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction