Mohsen_Abbassi

Finally ETH becomes green or not?!

BINANCE:ETHUSDT   Ethereum / TetherUS
Salaam

Hope have a good holiday and weekend!

All crypto markets had some correction these days, the end of the correction will be a good buying opportunity.
If ETH wants to end its correction, needs to close above 1730 to make a new higher high at least in the H4 (1790 make better sense).
But there may be remained a dipper correction in the crypto market in the few days remaining in March.
Anyway, after the correction, the crypto market will jump back quickly in my opinion, and make new ATH.

Never forget risk management!

Good luck!
Comment:
Note that after 12 candles ETH can't move as high as 2 bearish candles!
It's a sign for me that bearish momentum still is intact.

1440 and 1300 are the next supports in case ETH move lower.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.