ETH EXPECTATION IN THE NEAR FUTURE (1H CHART)

Technical Analysis Summary
ETH/USDT

TREND ANALYSIS
We have 2 Downtrend in red color (Internal and long term)
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).


FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.

Sorry I did not post lately since I had covid


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Exercise Proper Risk Management

Comentário:

First 1H Level did not hold the move it was risky since the price was holding above it for many hours and the level doesn't have strength (1H not that strong) that's why I usually add risky next to these levels

Comentário:

Daily Support Level Held the move expect a big move upward