Daily and 4H Chart Analysis on Ethereum
Etheruem Update
On Daily
As I was saying that, We are completing a Pullback on Daily Chart. It looks like we have completed it (may be) I need more daily candles for it. But with approx price level, current price is at approx area where it can be considered as completed.
On 4H Chart,
Price is rallying in Broad Bear Channel,
Two Trade Scenario are there.
Aggressive Bears will short from Yellow Box
Weak Bears will short from Purple Box.
Short Targets are likely to go beyond the BO point (around 230)
It is very less likely to see Break above from Broad Bear Channel so I better be the Weaker Bull to Trade.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
On Daily
As I was saying that, We are completing a Pullback on Daily Chart. It looks like we have completed it (may be) I need more daily candles for it. But with approx price level, current price is at approx area where it can be considered as completed.
On 4H Chart,
Price is rallying in Broad Bear Channel,
Two Trade Scenario are there.
Aggressive Bears will short from Yellow Box
Weak Bears will short from Purple Box.
Short Targets are likely to go beyond the BO point (around 230)
It is very less likely to see Break above from Broad Bear Channel so I better be the Weaker Bull to Trade.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
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