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 still trading inside this flat broadening wedge pattern!
However, price now is still in a bearish correction movement, and for the bulls to kick in from a short-term perspective we need a break above the marked swing high.
If we had a break then expect a further movement higher, to be testing our resistance zone one more time.
Until that price can still extend our bearish movement till the lower rising trendline from higher time frame.
Where we will be looking for new longs as a trend-following buy steups.
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.
QUICK UPDATE ON ETH.
As we can see price is still trading inside this flat broadening wedge pattern!
However, price now is still in a bearish correction movement, and for the bulls to kick in from a short-term perspective we need a break above the marked swing high.
If we had a break then expect a further movement higher, to be testing our resistance zone one more time.
Until that price can still extend our bearish movement till the lower rising trendline from higher time frame.
Where we will be looking for new longs as a trend-following buy steups.
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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