In lower timeframes, Ethereum seems to be preparing for a bullish move.
It has been consolidating in a range for some time. Considering it has accumulated buy orders below support 1, we expect an upward move.
As long as the green zone is held, it can move toward the red zone.
Closing a 4-hour candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It has been consolidating in a range for some time. Considering it has accumulated buy orders below support 1, we expect an upward move.
As long as the green zone is held, it can move toward the red zone.
Closing a 4-hour candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
The price has pumped over 8% from the white box so far.
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.