Hello, community members welcome to this ETH/USDT 2hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see in the above-mentioned chart that ETH is again unable to sustain and close above the upper trend line and got rejected.
After a sharp dump of almost 5% from the top ETH again moved down to the lower trend line support.
Here ETH holding the lower support well so, here we can see some more green candles in the upcoming hours.
MACD also turns red to lighter red which is the indication of an upcoming bullish cross-over.
ETH must hold this lower trend line support and a candle close below this support trend line will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see in the above-mentioned chart that ETH is again unable to sustain and close above the upper trend line and got rejected.
After a sharp dump of almost 5% from the top ETH again moved down to the lower trend line support.
Here ETH holding the lower support well so, here we can see some more green candles in the upcoming hours.
MACD also turns red to lighter red which is the indication of an upcoming bullish cross-over.
ETH must hold this lower trend line support and a candle close below this support trend line will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
