Ethereum Analyze (Sensitive zone)❗️❗️❗️
Updated
Ethereum is currently moving in a sensitive zone on my chart (Resistance zone).
We can imagine two scenarios for Ethereum.
🔆Scenario 1: Ethereum reacts to the SMA50(Daily Timeframe) like 3 times before and fails to break it, and moves towards the support zone again.
🔆Scenario 2: This time, Ethereum can break the SMA50(Daily Timeframe) and approach the Important Resistance line.
Which scenario do you think will happen ❗️❓
🔆Although good fundamental news for Ethereum these days, we hear blockchain transition from POW to POS.
In addition, ETHBTC is in good shape and is moving as I expected✅👇
Ethereum Analyze (ETHUSDT), Timeframe 4H⏰(Log scale).
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.
We can imagine two scenarios for Ethereum.
🔆Scenario 1: Ethereum reacts to the SMA50(Daily Timeframe) like 3 times before and fails to break it, and moves towards the support zone again.
🔆Scenario 2: This time, Ethereum can break the SMA50(Daily Timeframe) and approach the Important Resistance line.
Which scenario do you think will happen ❗️❓
🔆Although good fundamental news for Ethereum these days, we hear blockchain transition from POW to POS.
In addition, ETHBTC is in good shape and is moving as I expected✅👇
Ethereum Analyze (ETHUSDT), Timeframe 4H⏰(Log scale).
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.
Note
Scenario 1 Done✅Note
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