By analysing the ethereum chart in the 12h TF , we see that the price has faced a bearish reaction (temporarily) after collecting liquidity above the range we specified, considering the market situation and the upcoming Merge in 2 days and 19 hours. The trend may change in the future, so it is suggested that if you have an active SELL position, make it RISK FREE , or if you don't have an open trade, just watch the market until the Merge process is completed!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ... 👤 Arman Shaban : ArmanShabanTrading 📅 09.12.2022 ⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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.