Smartmoneyconcepts
Ethereum still in accumulation zone, what's next?After Ethereum has been in a downward channel, it breaks the sequence at point #4, which remains in the accumulation range from previous days. This zone is extremely important because, as you can see, it has been moving within this area for several days, which means that the price could gain strength at any moment and start a bullish run. But NOTE: as long as the price remains within the channel, there will be no bullish run. We need to wait for the price to break out of the downward channel to confirm that it is heading back to the supply zone.
Thank you for supporting the analysis. ETH is at a point where adding a position might be considered; let’s hope the price makes a decision soon.
Thankyou for supporting my analysis i invite you to visit my analysis on Bitcoin
Use bitcoin price movement as a base of all the crypto market trend.
Best Regards
CAD_JPY WILL GO DOWN|SHORT|
✅CAD_JPY is set to retest a
Strong resistance level above at 109.000
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 108.000
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
NZD-CHF Growth Ahead! Buy!
Hello,Traders!
NZD-CHF keeps growing
And now we are seeing
A bullish breakout of
The key horizontal level
Of 0.5268 so we are
Locally bullish biased
And we will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
GOLD Bearish Breakout! Sell!
Hello,Traders!
GOLD broke out of the
Narrowing wedge pattern
And the breakout is confirmed
So despite the fact that we
Are bullish biased mid-term
We will be expecting a
Local bearish move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NZD-USD Bullish Bias! Buy!
Hello,Traders!
NZD-USD is trading in an
Uptrend and the pair is making
A bearish correction but will soon
Retest a horizontal support
Of 0.6203 from where
We will be expecting a
Further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
AUD-NZD Will Keep Falling! Sell!
Hello,Traders!
AUD-NZD is trading in a
Downtrend and the pair
Made a retest and a
Pullback from the horizontal
Resistance level of 1.0868
Which reinforces our bearish
Bias and makes us expect a
Further bearish continuation
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!