ETH IS A BEAST, WHAT'S NEXT!
Updated
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 ZOOM OUT VIEW
As we clearly see price got stuck a big range between our support zone and resistance zone
However, from a shorter-term perspective price is trading inside this rising flat channel.
First scenario, if the price managed to trade higher then we will be looking for new short as we will be around the upper bound of the range, and around a resistance zone
second scenario, unless price managed to trade lower then next level will be the next support zone and lower bound of the range
Where we will be looking for new longs as well
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.
ETH ZOOM OUT VIEW
As we clearly see price got stuck a big range between our support zone and resistance zone
However, from a shorter-term perspective price is trading inside this rising flat channel.
First scenario, if the price managed to trade higher then we will be looking for new short as we will be around the upper bound of the range, and around a resistance zone
second scenario, unless price managed to trade lower then next level will be the next support zone and lower bound of the range
Where we will be looking for new longs as well
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!
Note
GLAD TO SEE YOU THERE: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.