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.
Quick update on ETH.
As we can see price is still struggling inside this strong rangy market and price is still trading inside it.
Meanwhile, for the bulls to start kicking in we need a break above the first neckline from a short-term perspective,
However, for the bulls to remain in control and for the bulls to take over from a medium-term perspective we need a break above the upper bound of this rangy market.
Then a movement higher would be expected.
Until that if the price managed to keep moving lower again, we will be looking for new longs around the lower bound of this range.
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.
Quick update on ETH.
As we can see price is still struggling inside this strong rangy market and price is still trading inside it.
Meanwhile, for the bulls to start kicking in we need a break above the first neckline from a short-term perspective,
However, for the bulls to remain in control and for the bulls to take over from a medium-term perspective we need a break above the upper bound of this rangy market.
Then a movement higher would be expected.
Until that if the price managed to keep moving lower again, we will be looking for new longs around the lower bound of this range.
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!