Hi😊
Today we'll be analyzing the ETH USDT trading pair.
We'll start with the higher timeframe and move on to the lower one.
Let's start with the daily chart: after breaking the high, the price continued to trade sideways.
The IMB was tested from below, which responded and sent the price into a correction toward the downward wave.
After the local liquidity drain, the price showed bearish aggression.
Nearest support zone $4 332 - $4 245
1h timeframe: the price is showing a corrective movement, and has identified zones above from which a reaction to a further decline may occur
15m timeframe: there is a buildup of local liquidity for asset growth and price delivery to nearby problem areas
Leave your reactions and comments if you like these short reviews
Today we'll be analyzing the ETH USDT trading pair.
We'll start with the higher timeframe and move on to the lower one.
Let's start with the daily chart: after breaking the high, the price continued to trade sideways.
The IMB was tested from below, which responded and sent the price into a correction toward the downward wave.
After the local liquidity drain, the price showed bearish aggression.
Nearest support zone $4 332 - $4 245
1h timeframe: the price is showing a corrective movement, and has identified zones above from which a reaction to a further decline may occur
15m timeframe: there is a buildup of local liquidity for asset growth and price delivery to nearby problem areas
Leave your reactions and comments if you like these short reviews
Trade closed: target reached
the price reached the designated target
Мой Телеграмм канал: t.me/mari_trade
Сообщество в ВК: vk.com/mari__trade
X: Mari_trading
Индикатор NewCopter | Copter 2.0: t.me/NewCopter
Сообщество в ВК: vk.com/mari__trade
X: Mari_trading
Индикатор NewCopter | Copter 2.0: t.me/NewCopter
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.
Мой Телеграмм канал: t.me/mari_trade
Сообщество в ВК: vk.com/mari__trade
X: Mari_trading
Индикатор NewCopter | Copter 2.0: t.me/NewCopter
Сообщество в ВК: vk.com/mari__trade
X: Mari_trading
Индикатор NewCopter | Copter 2.0: t.me/NewCopter
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.