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 can see price is still overall bearish trading inside this channel from a medium-term perspective,
However, price is sitting around our lower bound of this falling channel and support zone from higher time frame.
Meanwhile, for the bulls to kick in we need first a break above our neckline from a short-term perspective, then for the bulls to remain in control we need a break above the upper major swing high, then a movement higher would be expected.
Until that price is still stuck inside this rangy market, and as the price will be trading lower again, we will be looking for new longs as well.
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!
If you like the idea, do not forget to support with a like and follow.
Quick update on ETH.
As we can see price is still overall bearish trading inside this channel from a medium-term perspective,
However, price is sitting around our lower bound of this falling channel and support zone from higher time frame.
Meanwhile, for the bulls to kick in we need first a break above our neckline from a short-term perspective, then for the bulls to remain in control we need a break above the upper major swing high, then a movement higher would be expected.
Until that price is still stuck inside this rangy market, and as the price will be trading lower again, we will be looking for new longs as well.
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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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.