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ETHUSD found some support at 4H 200 EMA at (1). A brake of upper channel resistance at (2) would indicate a further bullish move, otherwise, expecting price to continue its bearish move down the descending channel formation with support expected at lower channel parallel around (3).
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ETHUSD found some support at 4H 200 EMA at (1). A brake of upper channel resistance at (2) would indicate a further bullish move, otherwise, expecting price to continue its bearish move down the descending channel formation with support expected at lower channel parallel around (3).
Like if you agree, if you have anything to add or comment, please do.
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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.