Hi,
Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspectives. In recent times Ethereum managed to back-up from its swift downside price-action and managed to show up with initial bullishness in the structure testing remaining resistances. Besides that as I discovered Ethereum formed this ascending-channel-formation in which it is now testing the upper boundary and is forming this main bull-flag-formation marked in orange, this can lead to a sufficient breakout when Ethereum manages to show up with further bullishness finally moving above the upper-boundary of the channel and forming the set-up marked in my chart, this will be the main origin of the major wave C to the upside and continued developments.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspectives. In recent times Ethereum managed to back-up from its swift downside price-action and managed to show up with initial bullishness in the structure testing remaining resistances. Besides that as I discovered Ethereum formed this ascending-channel-formation in which it is now testing the upper boundary and is forming this main bull-flag-formation marked in orange, this can lead to a sufficient breakout when Ethereum manages to show up with further bullishness finally moving above the upper-boundary of the channel and forming the set-up marked in my chart, this will be the main origin of the major wave C to the upside and continued developments.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.