Ether :- 4hr Downtrendline Trade
Ethereum is within a Major Daily Bear Market Trendline.Untill we see a clear breakout above that Major Trendline - no sizable upmove will be considered Bullish.
The 4hr Downtrend line matches with the RSI Downtrendline and seems like we could have a breakout in the next few candles itself.
We could head back to test the weekly resistance set up at 594.
Trade Long on the 4hr chart if prices break above the RSI + 4hr Downtrendline.
The 4hr Downtrend line matches with the RSI Downtrendline and seems like we could have a breakout in the next few candles itself.
We could head back to test the weekly resistance set up at 594.
Trade Long on the 4hr chart if prices break above the RSI + 4hr Downtrendline.
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