ETH - The Bulls Are Struggling ❗️

Greetings, TradingView Family! This is Richard, also known as theSignalyst.

Based on my last ETH analysis, the bears remained in control as we had a break below 1600.0

📈For the bulls take over again, it's crucial for ETH to surpass the 1610.0 resistance.

📉 Meanwhile, ETH would be bearish and we will expect further bearish movement till the 1555.0 demand zone.

Which scenario do you think is more likely to happen? and why?

📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich