ETH AROUND A CRITICAL ZONE

8 de jul.

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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ETH AROUND A CRITICAL ZONE 📚


👉From a medium-term perspective, the price is trading within a falling channel, forming clear lower lows and lower highs. This behavior aligns with our previous analysis, as depicted in the attached chart.

👉Currently, the price is situated around a significant support and demand zone. A new bullish movement is anticipated as a corrective action. In accordance with my trading strategy, I will examine lower time frames to confirm this hypothesis through the identification of any bullish reversal patterns.



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and as usual follow your trading plan and manage your risk.

Be patient and good luck!