Ethereum / TetherUSShort
ETH OVER-EXTENDED IMPULSE
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 QUICK UPDATE 📚
As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern. 📚
👉 Moreover, price is sitting around a massive zone, resistance lining up with our upper bound of this rising broadening wedge acting as an over-bought zone, where we will be expecting a new bearish correction movement,
👉Meanwhile, from a shorter-term perspective, price is also overall bullish trading inside this channel on H1 time frame, and as per my trading style, I would like to see a new swing ow to be formed around the rising trendline then a break as shown on the chart.
Until that happens price is still bullish and price can still trade higher and higher.
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 QUICK UPDATE 📚
As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern. 📚
👉 Moreover, price is sitting around a massive zone, resistance lining up with our upper bound of this rising broadening wedge acting as an over-bought zone, where we will be expecting a new bearish correction movement,
👉Meanwhile, from a shorter-term perspective, price is also overall bullish trading inside this channel on H1 time frame, and as per my trading style, I would like to see a new swing ow to be formed around the rising trendline then a break as shown on the chart.
Until that happens price is still bullish and price can still trade higher and higher.
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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