Ethereum possible reversal from 178, 180$ support level
Currently Ethereum testing and holding the most important support level of 178$, 180$ inside a Bearish Channel on H4 chart.
A hidden MACD bullish convergence and RSI convergence can be seen on the chart which signals a bullish reversal.
In the previous downfall wave ETH made a upside reversal of 61.80% and touched the upperline of the bearish channel if it repears the same then we can see Ethereum heading to 216$ to most likely 223$ and VPVR Confirms this level as most dominant level.
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A hidden MACD bullish convergence and RSI convergence can be seen on the chart which signals a bullish reversal.
In the previous downfall wave ETH made a upside reversal of 61.80% and touched the upperline of the bearish channel if it repears the same then we can see Ethereum heading to 216$ to most likely 223$ and VPVR Confirms this level as most dominant level.
Thank You;
Support by hitting the like button & you can follow me for more trading ideas, educational content etc.
Note
If ETH breaks 178$ level and stayed below this level then this ide will failed.Note
Ethereum breaked 178$ level and next near support zone is 155$Trade closed manually
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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.