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 now overall bearish trading inside this channel making clean lower lows and lower highs.

However, price is now sitting around a strong support zone, where we will be looking for new longs from a short-term perspective, as a correction movement.

Meanwhile, for the bulls to kick in from a short term, we need a break above the marked swing high, then a movement higher would be expected.

Until that price is still bearish, and price can still trade lower till the next support zone.


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

Telegram channel:

t.me/Snipers_F_x
Also on:

Disclaimer