ETH : analysis of the main timeframes!

4天前

Hi😊

Today we'll be analyzing the ETH USDT trading pair.
We'll start with the higher timeframe and move on to the lower one.

Let's start with the daily chart: after breaking the high, the price continued to trade sideways.
The IMB was tested from below, which responded and sent the price into a correction toward the downward wave.

After the local liquidity drain, the price showed bearish aggression.
Nearest support zone $4 332 - $4 245



1h timeframe: the price is showing a corrective movement, and has identified zones above from which a reaction to a further decline may occur



15m timeframe: there is a buildup of local liquidity for asset growth and price delivery to nearby problem areas



Leave your reactions and comments if you like these short reviews

前天

交易结束：到达目标

the price reached the designated target