ETH/USDT above the trend

٧ مارس ٢٠٢٣

Hey, guys ✌️

Let's take a look at ETH coin here. That trend on 4hr seems to be holding strong and is getting ready for any good reason to shoot from this level. Until we are above this trend we should be good for longs but as soon as 1hr candle closed below that trend we should consider for some shorts.

Long position can be considered once we broke that upper resistance which will lead the price towards 100 and 200EMA (after that towards the upper resistance)
On a longer scale we still see the bigger drop to come!!

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Swallow Team 🔱


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