ETH AGAIN AROUND A STRONG RESISTANCE ZONE

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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 ZOOMED OUT VIEW.

As we mentioned before in the text analysis price was around a support zone rejected upward

For now, price is around a resistance zone where we will be speculating new bearish movements, unless it's broken upward then a movement higher would be expected.

For now, and for the bears to kick in again we need a break below our major swing low lining up with previous highs and lows

Then a movement lower would be expected, where we will be looking for new longs around our support zone.


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!
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Chart PatternsSupport and ResistanceTrend Analysis

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