Ethereum
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Possible Bullish Scenarios on ETHEREUM (ETH/USD)

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4H CHART EXPLANATION:

At this moment price is facing a support zone (previous resistance zone) that holded the price many times before breaking upwards. So, it is a nice reversal point for Ethereum, and to place a long trade it would be safe to wait for a price action confirmation such a candlestich pattern.
In case this level can not hold the price correctly, we expect another downside movement towards the lower Support Zone at 230-240 and a bounce from there.


MULTI TIMEFRAME VISION:


-Daily:

snapshot

-Weekly:

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