Ethereum is running in the Resistance zone.
It is better to know that one of the important resistances of Ethereum these days is SMA 50 (Daily Timeframe), and as it is clear in the chart, every time Ethereum hits SMA50, it has started to fall.
I expect Ethereum to react to the SMA50 this time and fall to the Trend line(at least).
Ethereum Analyze ( ETHUSDT ), Timeframe 4H⏰(Log scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
It is better to know that one of the important resistances of Ethereum these days is SMA 50 (Daily Timeframe), and as it is clear in the chart, every time Ethereum hits SMA50, it has started to fall.
I expect Ethereum to react to the SMA50 this time and fall to the Trend line(at least).
Ethereum Analyze ( ETHUSDT ), Timeframe 4H⏰(Log scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365
