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.
WHAT'S NEXT ON ETH
As we can see price is still sitting around a strong support zone, Where we will be looking for new longs as well.
Meanwhile, price is trading inside this falling broadening wedge, and for the bulls to take over, we need a complete last swing high as shown on the chart then a break above, Where we will be expecting a movement higher again.
Until that, yes as the price will be diving more inside our support zone, 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.
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.