ETH WHAT'S NEXT?!

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.

QUICK UPDATE ON ETH.

As we mentioned in the previous analysis, price broke above our upper previous major highs, to confirm the next bullish movement.

So, for now price is still overall bullish trading inside this channel.

So we will be looking for the next bullish movement, and for the bulls to kick in again from a short term, we need a break above the marked swing high.

Since price is retesting our previous swing highs acting as a support zone.

Unless price managed to break below, then a movement lower would be expected.

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!
Chart PatternsSupport and ResistanceTrend Analysis

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