ETH, YOU DECIDE WE REACT!
Updated
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.
ETH ZOOMED OUT VIEW.
As we mentioned before in the text analysis price is still around a resistance zone, where we are still speculating a bearish reversal.
So, for now we are trading inside the marked two floors, for the bears to kick in we need a break below the lower marked major low then a movement lower would be expected.
Till the next support zone, where we will be looking for new longs.
Unless price managed to be trading higher and broke our resistance with a daily candle close, then this scenario will be invalidated.
And a movement higher would be expected till the next resistance 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!
If you like the idea, do not forget to support with a like and follow.
ETH ZOOMED OUT VIEW.
As we mentioned before in the text analysis price is still around a resistance zone, where we are still speculating a bearish reversal.
So, for now we are trading inside the marked two floors, for the bears to kick in we need a break below the lower marked major low then a movement lower would be expected.
Till the next support zone, where we will be looking for new longs.
Unless price managed to be trading higher and broke our resistance with a daily candle close, then this scenario will be invalidated.
And a movement higher would be expected till the next resistance 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!
Note
Telegram channel: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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