$ETH analysis in 4H TF : 12.15.21

Examining #ETHEREUM chart in 4-hour timeframe, we see that the price has lost its first static support and is now pullback to the broken level . If the bitcoin's bearish scenario confirm , we can expect the price to fall to lower levels of $ 3,500, $ 3,300 and $ 3,000. Otherwise, with the break of the descending channel, the uptrend can continue in the mid-term and the price can see the higher levels, such as $ 4,800 and even $ 5,000.

Bearish Scenario of #BITCOIN :

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👤 Arman Shaban : @ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)

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Buy Position Activated