As we can clearly see ethereum price is out from the bullish -rising parallel channel . Now it may take a side way or could be straight way in bearish mode untill the next support zone ( as shown in the chart with the help of horizontal lines).
It has tested its resistance and has failed exactly on the pre-drawn resistance line.
Its better to keep some hedges in order or to swap for stables before the next big move.
It has tested its resistance and has failed exactly on the pre-drawn resistance line.
Its better to keep some hedges in order or to swap for stables before the next big move.
Note
Perfect!Trade closed: target reached
Closed!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.