mansour1978

New update for Ethereum analysis

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
New update for Ethereum analysis
As you can see in the daily chart and time frame, we have two downtrend lines and three resistance levels ahead.
On the other hand, during the last 66 days, the RSI indicator has a very good growth on its upward trend line.
If the initial downward trend line is broken, one can be optimistic about the price rise to the next levels and apply for a possible long position.

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