Etherium (eth) update(2) from 1 hour chart
⚠️As the zone discussed in previous update,
Did not make breakout
And breakdown from range created
⚠️That double bottom within zone looked like price was not able to break previous high
⚠️ Let's see how price reacts to 3190-3175 levels (fib 0.6 lvl)
Probability
✍️ it can halt and show reversal from 3190-3175 , which can state about the new higher high on 4 h chart , although no higher high was performed so it's good to be neutral before taking trade,
✍️with ema 9 of day chart this could be the retracement area
Did not make breakout
And breakdown from range created
⚠️That double bottom within zone looked like price was not able to break previous high
⚠️ Let's see how price reacts to 3190-3175 levels (fib 0.6 lvl)
Probability
✍️ it can halt and show reversal from 3190-3175 , which can state about the new higher high on 4 h chart , although no higher high was performed so it's good to be neutral before taking trade,
✍️with ema 9 of day chart this could be the retracement area
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