Ethereum might be preparing for a break
ETHUSD / 1H
Eth has been trading in a bull trend globally. But, recently, we see this trend being reversed from all-time highs.
Based on technical analysis only, it seems that Eth is preparing for a break.
2 scenarios are proposed :
bullish: where the price breaks the structure on the 1h time frame then continue upper.
bearish: this structure gets respected, then we might see the lows being taken.
Trade safe,
Trader Leo.
Eth has been trading in a bull trend globally. But, recently, we see this trend being reversed from all-time highs.
Based on technical analysis only, it seems that Eth is preparing for a break.
2 scenarios are proposed :
bullish: where the price breaks the structure on the 1h time frame then continue upper.
bearish: this structure gets respected, then we might see the lows being taken.
Trade safe,
Trader Leo.
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