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 for ETH, price is still sitting around our rising trendline from higher time frame, 📚
👉 And we mentioned for the bulls to kick in, we need a break above the marked major swing high, which happened, and bulls took over.
👉Meanwhile, for the bulls to remain in control and to expect a further movement higher we need a break above the marked swing high.
Until that price can still trade again lower, till the lower rising trendline, where we will be looking for new longs from a shorter-term perspective.
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!