Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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Quick update on ETH.
As we can see price is still overall bullish trading inside this rising broadening wedge pattern.
Meanwhile, price is still sitting around our rising trendline, where we will be looking for new longs as well, knowing that price can still trade a little more lower before going higher again.
However, for the bulls to kick in we need a break above the marked major swing high, then a movement higher would be expected.,
Until that price is still trading inside this flat falling channel, and as the price will be approaching our lower rising trendline, we will be looking for new longs.
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and as usual follow your trading plan and manage your risk.
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