Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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QUICK UPDATE ON ETH.
As we mentioned in the previous analysis, price was stuck inside the lower range.
And as we mentioned for the bulls to kick in we need a break above the upper bound of the range, which happened.
To be speculating more bullish movement and to remain in control.
For now, as the price will be approaching the lower rising trendline we will be looking for trend-following buy setups.
Until that price is still bullish making clean higher highs and higher lows, and as the price will be approaching the upper resistance zone 2k, We will be looking for bearish movements as well.
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and as usual follow your trading plan and manage your risk.
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