ETH Trading idea
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Now the price is moving laterally (consolidation).
The $ 192 level is supportive and the $ 207 resistance level.
For further growth, buyers need to fix the price above the $ 197 support level.
Then you can think of a price increase of up to $ 207-212.
Otherwise, the price will fall to the support level of $ 192, and then to the support level of $ 186.85, which is a significant support at the 4-hour time frame.
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Also, don't forget to visit our profile.
Now the price is moving laterally (consolidation).
The $ 192 level is supportive and the $ 207 resistance level.
For further growth, buyers need to fix the price above the $ 197 support level.
Then you can think of a price increase of up to $ 207-212.
Otherwise, the price will fall to the support level of $ 192, and then to the support level of $ 186.85, which is a significant support at the 4-hour time frame.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.