THE Analysis (1H)Considering that THE is currently accumulating liquidity and approaching the supply zone, we can look for sell / short positions in this area.
The targets are marked on the chart.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Theanalysis
Repeating patterns on ETHUSDETH has been priting recurring Channel Up and consolidation patterns on 4H. The green lines represent the Resistance bands after each Lower High on 1W (with the latest being a projection). As the 675.39 Support and 707.50 Resistance dominate the price action , the 1D chart will remain neutral (RSI = 50.867, STOCH = 47.353, ADX = 13.958, Highs/Lows = 0.0000). That is why the next TP fot ETH is the 707.50 Resistance.


