Ethereum at Key Support Zone: Is a Counter-Trend Setting Up?
Ethereum (ETH) is currently in a strong bearish trend 📉, but it has traded into a key support zone 🛑 and seems overextended, in my opinion. Looking at the price action and market structure on the daily and four-hour timeframes, we’re now seeing Ethereum form higher highs and higher lows on the four-hour chart 📊. While it’s still early, if we see a break above the current range high on the four-hour timeframe, there could be an opportunity for a counter-trend trade 🔄, targeting equilibrium ⚖️ and a previous imbalance highlighted in the video. As always, this is for educational purposes only and should not be taken as financial advice 💡.
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👀 👉 BUY/SELL SIGNALS FREE TRIAL:
🚀 youtu.be/R3sgrAodmIo
👀 👉 AUTO COPY MY TRADES / GROW YOUR ACC:
🔥 youtu.be/nLByPqrZuxA
👀 👉 Join Our TELEGRAM:
🔗 t.me/anthonys_forex
🚀 youtu.be/R3sgrAodmIo
👀 👉 AUTO COPY MY TRADES / GROW YOUR ACC:
🔥 youtu.be/nLByPqrZuxA
👀 👉 Join Our TELEGRAM:
🔗 t.me/anthonys_forex
Disclaimer
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.