Dexter_The_Trader

ETHEREUM PRESENT SCENARIO.

BINANCE:ETHUSD   Ethereum
Dear members,

I would like to provide a brief update on Ethereum (ETH) in the 12-hour timeframe. Currently, ETH has shown limited progress, with its price fluctuating within the range of $1800 to $1900 over the past few weeks. Market activity appears subdued, resembling a period of relative calm. While ETH made an unsuccessful attempt to break above resistance 1 at $1965, there are ongoing efforts to overcome this level. Notably, the 21-hourly moving average is providing some support, potentially signaling a potential rebound. In the event of further rejection, a favorable buying opportunity may arise around the $1700 range, offering a suitable entry point for leveraging or initiating a buyback strategy.

This concludes my update for now. Stay tuned for the next update, and in the meantime, trade with caution and ensure your safety.

Wishing you profitable hours ahead.

Best regards,
Team Dexter

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