ETH 1700 STILL HOLDING! WHAT'S NEXT!
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.
ETHUSDT QUICK UPDATE
As we can see price is still around a strong support zone 1700, and still holding as a support.
However, price recently stuck inside this range struggling between 1700-1850.
For now and for the bears to kick in and prove control we need a break below the lower bound of the range and below our support zone as well.
Unless price managed to reject our support and traded higher, and for the bulls to remain in control we need a break above the upper bound of the range,
Then a further movement higher would be expected till the upper resistance 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!
If you like the idea, do not forget to support with a like and follow.
ETHUSDT QUICK UPDATE
As we can see price is still around a strong support zone 1700, and still holding as a support.
However, price recently stuck inside this range struggling between 1700-1850.
For now and for the bears to kick in and prove control we need a break below the lower bound of the range and below our support zone as well.
Unless price managed to reject our support and traded higher, and for the bulls to remain in control we need a break above the upper bound of the range,
Then a further movement higher would be expected till the upper resistance 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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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