ETH APPROACHING A MASSIVE ZONE!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON ETH.
As we mentioned in the previous analysis, price broke above our resistance zone and kept moving higher.
Meanwhile, as the price is trading higher, price will be approaching our upper bound of the rising broadening wedge pattern acting as an over-bought area,
In addition, price will be approaching a strong resistance zone, where we will be looking for new bearish movements.
Until that happens and as the price retests our support zone, we will be looking for new longs.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON ETH.
As we mentioned in the previous analysis, price broke above our resistance zone and kept moving higher.
Meanwhile, as the price is trading higher, price will be approaching our upper bound of the rising broadening wedge pattern acting as an over-bought area,
In addition, price will be approaching a strong resistance zone, where we will be looking for new bearish movements.
Until that happens and as the price retests our support zone, we will be looking for new longs.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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