Hello everyone welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
Nothing changed for ETH Still resting near the resistance level Bulls need to break and close above this resistance level for further bullish movement.
ETH is holding green support well and we can see a sideways market for a few more candles at this level and bounce to break above this channel.
As bulls are holding above the $1500 price level until ETH is able to keep above this level, chances are to gain above towards $1950.
IMO, we should wait for weekly close and monthly close, before close we can see some shake-off at current price levels but we need a close above local green support to climb above this channel pattern.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
Nothing changed for ETH Still resting near the resistance level Bulls need to break and close above this resistance level for further bullish movement.
ETH is holding green support well and we can see a sideways market for a few more candles at this level and bounce to break above this channel.
As bulls are holding above the $1500 price level until ETH is able to keep above this level, chances are to gain above towards $1950.
IMO, we should wait for weekly close and monthly close, before close we can see some shake-off at current price levels but we need a close above local green support to climb above this channel pattern.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
