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 falling channel,

Meanwhile, for the bulls to take over again we need a break above the marked swing high,

Unless price managed to keep moving lower as we are still overall bearish, then we will be looking for new longs around the lower rising trendline lining up with our lower bound of this channel.


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!
Chart PatternsSupport and ResistanceTrend Analysis

Telegram channel:

t.me/Snipers_F_x
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