Ethereum / TetherUSShort
ETH BEARS TAKING OVER UNLESS
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 mentioned in the previous analysis on ETH, price is still overall bearish trading inside this falling channel,
However, price rejected our lower support zone and traded higher specially after breaking above our major swing high.
Moreover, price is sitting around our falling trendline and supply zone, Then for the bears to take over again, we need a break below the marked swing low, then a new bearish movement would be expected.
Until that happens price is still overall bullish from a shorter term perspective and price can still trade higher.
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.
Quick update on ETH.
As we mentioned in the previous analysis on ETH, price is still overall bearish trading inside this falling channel,
However, price rejected our lower support zone and traded higher specially after breaking above our major swing high.
Moreover, price is sitting around our falling trendline and supply zone, Then for the bears to take over again, we need a break below the marked swing low, then a new bearish movement would be expected.
Until that happens price is still overall bullish from a shorter term perspective and price can still trade higher.
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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