$ETH analysis in 4H TF : 12.15.21

Examining #ETHEREUM chart in 4-hour timeframe, we see that the price has lost its first static support and is now pullback to the broken level . If the bitcoin's bearish scenario confirm , we can expect the price to fall to lower levels of $ 3,500, $ 3,300 and $ 3,000. Otherwise, with the break of the descending channel, the uptrend can continue in the mid-term and the price can see the higher levels, such as $ 4,800 and even $ 5,000.

Bearish Scenario of #BITCOIN :

Follow our other analysis & Feel free to ask any questions you have, we are here to help.

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)

❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️

Trade ativo:

Buy Position Activated