ETH IS A BEAST, WHAT'S NEXT!

Updated
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

ETH IS A BEAST!

As we clearly see price broke above our resistance zone 1250, now acting as support as well

However, price is approaching a major swing high and a minor supply zone where we expect some reactions over there

Meanwhile from a short term-perspective we are bullish trading inside this channel

For the bears to kick in we need a new swing low to be formed around the trendline

Then movement lower to our rising channel and support zone, where we will be looking for new longs as well

Unless price managed to be trading higher then we will be looking for new shorts around the falling trendline

If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Note
See you there guys: t.me/Snipers_F_x
Chart PatternsSupport and ResistanceTrend Analysis

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