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 MEDIUM TERM VS LONG TERM. 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern, making clean higher highs and higher lows.
👉Moreover, We are still bearish from a medium-term perspective, trading inside this orange channel, Meanwhile, price is sitting around first our strong support zone, lining up with our lower bound of this channel, acting as an over-sold zone, where we can expect rejection movement toward the upper falling trendline.
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 MEDIUM TERM VS LONG TERM. 📚
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern, making clean higher highs and higher lows.
👉Moreover, We are still bearish from a medium-term perspective, trading inside this orange channel, Meanwhile, price is sitting around first our strong support zone, lining up with our lower bound of this channel, acting as an over-sold zone, where we can expect rejection movement toward the upper falling trendline.
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!