Hello, community members welcome to this ETH/USDT 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As the above-mentioned chart is evident that ETH is currently trading inside a parallel Chanel on a local support level of $1970 price level.
ETH also getting a resistance of blue MA which must break to gain some % in upcoming hours towards the upper trend line.
MACD also turning red to green which is the indication of upcoming green candles
Here I am expecting a bounce towards the upper trend line of this channel pattern and break.
Break above this channel pattern will trigger ALT coins and pump.
Candle close below the lower trend line support will be the invalidation of this chart.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As the above-mentioned chart is evident that ETH is currently trading inside a parallel Chanel on a local support level of $1970 price level.
ETH also getting a resistance of blue MA which must break to gain some % in upcoming hours towards the upper trend line.
MACD also turning red to green which is the indication of upcoming green candles
Here I am expecting a bounce towards the upper trend line of this channel pattern and break.
Break above this channel pattern will trigger ALT coins and pump.
Candle close below the lower trend line support will be the invalidation of this chart.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
