The previous swing on weekly from may till Latest swing of November the price has shown upside while the MACD showing loose momentum . The white dotted line will be acting as supports Based on shorter time frame trades can be executed on price action basis . As this analysis is done only on weekly chart the following trade plan might take time to activate . Conclusions : eth looks sightly bearish for me no fresh longs will be avoided Shorts position will be based on lower time frame
Happy trading
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will start new analysis as eth reached its lower median and looks like it has started settling down in accumulation zone