ETHUSD is ready to rise following Bitcoin

  • Aug 23 2021
  • by
  • Analyst AZA
ETHUSD is ready to rise following Bitcoin

ETHUSD is ready to rise following Bitcoin

Ethereum started to rise in price following Bitcoin yesterday. The price managed to break through the strong resistance in the area of 3333.00 and consolidated at this level. If Bitcoin starts to grow and Ethereum moves after it. We place our order to break the nearest high of 3355.00 at 3360.00. We placed the Take Profit order at the flat level of 3400, where further price growth is likely to receive resistance.

Symbol: ETHUSD
Order Type: Pending Order - Buy Stop
Entry Price at 3360.00
Take Profit at 3400.00
Pips Earning: 4000

Forex trade strategy and trading signals for major currency pairs:
EURUSD buy at the price of 1.1735
USDJPY buy at the price of 110.05
GBPUSD sell at the price of 1.3630
USDCHF sell at the price of 0.9140

Trading recommendation result

Trading recommendation result

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The profit can be $400.00 if the trading volume of 10 ETH.

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