Price projection for the next moments at ETHEREUM 4h
Technical analysis regarding the price of ETHEREUM in relation of dollar Tether for the next scenarios, based on 4 hour movement.
The price, which was in an upward trend, corrected it. However, on the graph we see the formation of a descending top compared to the previous one, which is a sign of a weakening trend.
The price may continue with its sharp upward movement, correcting the price as it has done. In this correction using the Chyper graphic pattern, we obtain the retraction of the gold number 0.618 and that it can fetch.
In my conception, I projected the price of ETH on the graph, demarcating the take regions and possible price range (green lines)
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
The price, which was in an upward trend, corrected it. However, on the graph we see the formation of a descending top compared to the previous one, which is a sign of a weakening trend.
The price may continue with its sharp upward movement, correcting the price as it has done. In this correction using the Chyper graphic pattern, we obtain the retraction of the gold number 0.618 and that it can fetch.
In my conception, I projected the price of ETH on the graph, demarcating the take regions and possible price range (green lines)
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Trade aktif:
The price reached the neutral line at $ 1064.07 and has already retracted, throwing the price upwards (projection (Y), green line) that is performing a pullback (correction) in the region just above $ 1210.87, being able to correct and continue with its macro trend High.
