BULLS ARE PROVING CONTROL AGAIN!
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 of ETH is still stuck inside this big rangy market.
However, price is now trading inside this rising broadening wedge pattern,
Meanwhile, for the bulls to kick in and prove control we need a break above the first minor resistance zone, then for the bulls to remain in control we need a break above the upper bound of this rangy market.
Until this scenario happen, Price is still overall clearly bearish and price can still trade lower till the lower bound of this rangy market, where we will be looking for new longs from a shorter-term perspective.
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 of ETH is still stuck inside this big rangy market.
However, price is now trading inside this rising broadening wedge pattern,
Meanwhile, for the bulls to kick in and prove control we need a break above the first minor resistance zone, then for the bulls to remain in control we need a break above the upper bound of this rangy market.
Until this scenario happen, Price is still overall clearly bearish and price can still trade lower till the lower bound of this rangy market, where we will be looking for new longs from a shorter-term perspective.
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
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