Ethereum is trending in an accending channel and price got rejected in the higher high trend line.
Price also also form an inverted hammer candlesticks right after a long body bearish candestick which give a confirmation of a bearish move towards $1,060.
Mainwhile Ethereum has it own movement, at a worst scenario price might choose to breakout at the higher high channel and continue a bullish move,
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Price also also form an inverted hammer candlesticks right after a long body bearish candestick which give a confirmation of a bearish move towards $1,060.
Mainwhile Ethereum has it own movement, at a worst scenario price might choose to breakout at the higher high channel and continue a bullish move,
If you like my analysis, remember to like, comment and follow for more analysis.
Thank you