Ethereum Analyze (Timeframe 4H,10/30/2022)🌊!!!

Ethereum seems to have completed its five-wave impulsive in the PRZ(Price Reversal Zone) after breaking the trend line.

🔆To confirm the end of wave 5, I can point to two divergences.

1- We can see the divergence between Price and Volume.

2- Regular Divergence(RD-) is also seen in the RSI indicator (it seems Ethereum is making a descending channel at 4h timeframe, Also, it reacts to the upper line of descending channel well).👇

Also, Ethereum will likely experience a sharper fall if Bitcoin falls, as ETHBTC will look bearish.👇

Ethereum Analyze ( ETHUSDT ) Timeframe 4H⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Commento:

✅Running well✅

Trade chiuso: obiettivo raggiunto