Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
As the above-mentioned chart is evident that ETH/USDT still trading inside the triangle pattern and following the mid-lower trend line very well.
Now looking at the previous candles ETH trying to break the upper trend line resistance and trading fifth time near the upper trend line.
This is again a decisive point for ETH in the shorter time frame, if it breaks the upper trend line resistance then it will bullish and together ALTCOINS will also pump but if it fails to do so again then it can move down to the lower trend line again.
Here IMO we should wait for the confirmation which is the right decision in this uncertain market.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
As the above-mentioned chart is evident that ETH/USDT still trading inside the triangle pattern and following the mid-lower trend line very well.
Now looking at the previous candles ETH trying to break the upper trend line resistance and trading fifth time near the upper trend line.
This is again a decisive point for ETH in the shorter time frame, if it breaks the upper trend line resistance then it will bullish and together ALTCOINS will also pump but if it fails to do so again then it can move down to the lower trend line again.
Here IMO we should wait for the confirmation which is the right decision in this uncertain market.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
