Hi In my opinion this is the pattern to final correction in this matter ETH Could Approach the higher price line (3600) and from there the price may retest 3000 area and bounce from the Strong support to the top line of its Channel. All the information in this chart its my personal opinion. Please arrange your strategy before entering the market. please if this material its been helpful to you support me with like and Comment.
indicator: 5 out of 6 indicators which i used to draw the chart is showing bullish moment. MACD +5 RSI +86.5 CCI +119 at the moment of writhing this article the price is testing the higher line of the Bollinger band in 4HD Chart and is trying to move upper than 3440
Position Neutral Resistant 3544-3600-3715 Support 3175-3005-2966
Good Luck
Trade active
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Hello dear traders i think the second scenario is valid now after ETH reached the first target 3600 and above now with higher low signal it may go to retest the support 3175. in the way to go to target 3000 area we will have 3 different support 3439-3282--3175 take your position against the target which is TP1 4234- TP2 4518 this is my personal opinion and if this become real we may visit ATH very soon after this correction . Happy ETH Trading
too many people shorting that's why we gonna pump more
Rayman13XX
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@akemi_kaye, Time will showing us and until the whales are happy with the buying BTC and Alts In Lower Price we will have the same boundary's to drawing Charts for and Trade with.
that's why when you cheek the history of the market you can see the sell pressure in unexpected moment will show, and push the price to the Lower zone and after that we can see there is the bounce to the 25% even higher at the same time or ...
Don't get confuse it with the healthy market