Hi,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. Ethereum in recent times surprisingly has shown up with some bullish moves that developed with important volatility with Ethereum testing the previously established resistance marked in red, this resistance is likely to first be the origin of a pullback testing the lower levels of support as marked, when Ethereum then manages to bounce and stabilize in the structure this can lead to an upside-breakout with the proper continuations ahead otherwise when this does not happen and Ethereum moves below this will give the indication for more bearish pressure to the downside, these are the main scenarios important in the upcoming times.
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 2-hour timeframe perspectives. Ethereum in recent times surprisingly has shown up with some bullish moves that developed with important volatility with Ethereum testing the previously established resistance marked in red, this resistance is likely to first be the origin of a pullback testing the lower levels of support as marked, when Ethereum then manages to bounce and stabilize in the structure this can lead to an upside-breakout with the proper continuations ahead otherwise when this does not happen and Ethereum moves below this will give the indication for more bearish pressure to the downside, these are the main scenarios important in the upcoming times.
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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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.
►✅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.