Ethereum is in an upward price channel. Together with the support of the channel passes the trend line MA 200, which marks a strong zone for us. Below the channel a strong support from May 2021 is forming.
On the chart we see a strong intraday downward momentum that could herald a correction. I think it could reach the support zone of the price channel, after which an upward move could continue.
The target for the etherium could be both the resistance of 2300 and the trend line, which originates from November 2021.
I assume, as the price forms a correction, it may test the support zone in the near term. I expect the support to be tested by either touch or false-break, after which the upward movement may continue.
Regards R. Linda!
On the chart we see a strong intraday downward momentum that could herald a correction. I think it could reach the support zone of the price channel, after which an upward move could continue.
The target for the etherium could be both the resistance of 2300 and the trend line, which originates from November 2021.
I assume, as the price forms a correction, it may test the support zone in the near term. I expect the support to be tested by either touch or false-break, after which the upward movement may continue.
Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADINGđź’µ!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
đź”´Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADINGđź’µ!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
đź”´Contact: telegram.me/RLindaSignals
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.