ETH QUICK UPDATE
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 mentioned in our previous analysis price is still sitting around a massive resistance zone, where we are still interested in looking for new shorts. 📚
👉 And we mentioned that from a short-term perspective, price is still overall bullish trading inside this rising channel, and we were waiting for a new swing low to be formed which is now done!
Then what's next!?
👉For the bears to take over, and to have a shift in momentum, we need a break below the marked swing low by a momentum H1 candle close, then a movement lower would be expected.
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 mentioned in our previous analysis price is still sitting around a massive resistance zone, where we are still interested in looking for new shorts. 📚
👉 And we mentioned that from a short-term perspective, price is still overall bullish trading inside this rising channel, and we were waiting for a new swing low to be formed which is now done!
Then what's next!?
👉For the bears to take over, and to have a shift in momentum, we need a break below the marked swing low by a momentum H1 candle close, then a movement lower would be expected.
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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