Technical analysis by BMYWin about Symbol ETH: Buy recommendation (8/21/2024)

Possible 2 scenarios might be developed for ETHUSD pair are: 1. Green line one: First Drop to test 700 days MA said it is around 2100 - 2150 which we will buy more. Then break the major pressure line (360 MA). And challenge 200 days MA. 2. Purple line one: Which range trading between 300 and 400 days MA, then forming a bullish Flag, then challenge 200 days MA. note: this is not financial advise. It is only for personal record.First target reached. Possible develop as shown on the chart, the new purple line.Backtest support, V Form, W form or Ping Bar rebounce is expected. Trial Gird Long.