Hello, community members welcome to this ETH/USDT 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As the above-mentioned chart is evident that ETH is currently trading inside a parallel Chanel which also prints a sideways trend.
After a sharp quick dump of 6.5% in this hourly chart, ETH recovered 3.2% from the bottom and currently trading at the price level of $1960.
Here I am expecting more recovery and ETH can gain % towards the upper trend line which is the price level of $2150 which is almost 9% from the current price level.
INVALIDATION: candle close below the lower green support in a 1hr time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As the above-mentioned chart is evident that ETH is currently trading inside a parallel Chanel which also prints a sideways trend.
After a sharp quick dump of 6.5% in this hourly chart, ETH recovered 3.2% from the bottom and currently trading at the price level of $1960.
Here I am expecting more recovery and ETH can gain % towards the upper trend line which is the price level of $2150 which is almost 9% from the current price level.
INVALIDATION: candle close below the lower green support in a 1hr time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
