ETH ZOOMED OUT PICTURE
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.
ZOOMED OUT PICTURE FOR ETH!
As we can see price is still overall bullish from a long-term perspective,
And price is still trading inside this rising broadening wedge pattern,
However, price got stuck inside this consolidation marked on the chart, and for the bulls to kick in again with new bullish movement we need a break above the upper bound of this consolidation.
Meanwhile, as the price will be approaching our lower support zone again lining up with a massive support zone
Then we will be looking for new bullish movement on lower time frame.
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.
ZOOMED OUT PICTURE FOR ETH!
As we can see price is still overall bullish from a long-term perspective,
And price is still trading inside this rising broadening wedge pattern,
However, price got stuck inside this consolidation marked on the chart, and for the bulls to kick in again with new bullish movement we need a break above the upper bound of this consolidation.
Meanwhile, as the price will be approaching our lower support zone again lining up with a massive support zone
Then we will be looking for new bullish movement on lower time frame.
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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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