Market Analysis of ETHUSDT on Monday 14 OCTOBER 2024

2024-10-14 12:12Fonte:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


 ETHUSDT running in positive trend and its immediate strong support are 2307 to 2403 level .  Stop loss is 2150 level and it can rise  above 2816 levels positionally because of irregular corrections at that level on 15 minute chart  .Intraday purpose buying is better for targets 2470,2480 and 2500 levels respectively with stop loss 2330 level because 5 minute chart showing it can jump over 2520 level in very short term .


QUICK FUNDAMENTAL LOOK                                                                    


Chinese researchers have reportedly claimed to have successfully breached the encryption algorithms used in banking and crypto using a quantum computer.

 

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account  .

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